Herman Miller Inc. Message Board
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Just Got Canned Due to slow production
Production is slowing down right now, and All the Manpower/Adecco type temps are losing their assignments there... not sure about the uprising of this stock... if that's any help??
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Maybe that's a signal to buy after we got rid of some dead wood.
- 2 Replies to oliverdude1
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Wow, that is an informed investment decision! As tho a few layoffs or any layoff $$ will find it's way to raise the share price ALREADY at like 25X... you are a true N woods W Mich Ole aren't you?
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I'm even tempted to take a position here, and
thats not like me.
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Hee hee....not making fun of your "misfortune", but it sounds like the "same old same old" with Herman.
I remember when they closed the plant down here in GA. after several rounds of lay-offs and telling the people (like me) who were still employed, "the worst is over".
They spent millions to build the place, probably millions to buy out of their broken committment to the state and local governments from tax incentives etc. Who knows how many hundreds of thousands (another million?) on upgrades of the manufacturing "systems". All the while knowing they were going to close the plant?
Made no sense then, if I cared it would make no sense now.
Herman became an "also ran" years ago when they sold out on their corporate values.- 1 Reply to hfc687
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Wondering why all the messages are missing from the board here....did somebody say something the company management didn't like?
Bottom line: Who cares?
Opinion: This stock isn't even worth taking a short position on. Too many companies that are actually growing to bother with ones that aren't.
LOL!
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