Quote Originally Posted by cdonald View Post
I have been watching tower for a while now... the thing that puts me off is the dividend policy is up for review, which to me means no dividends for a while. I think there is a lot more pain to come on this one.
No doubt they will reduce the divs probably to zero. I still think Tower has a protectable customer base and remains a takeover target so will recover. It remains to be seen how long that will take. Pure value investor opinion here.