downgrade, page-115

re: chart - in a four year down trend... nimos, in answering your question (nicely), it is hard to find a base for FLT. I know how you are feeling. I held flt at $18-19 and lost big time.

Try not to get emotional about it (easier said then done). I am out. Even when i got out, the damn thing went north, but it has justified my decision in recent times.

The only thing i can say is that it is in a long downtrend. I was away of it when i first bought it but got burnt. Dont look at a 1 year chart. Go back to a 5 year chart and look at it. Doesnt look real good.

Its hard to say if this is the bottom. What i dont like about the company is the consistancy of profit downgrades. The question you have to ask yourself is "when or if they can turn things around".