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SIFCO Industries Inc. Message Board

  • scalydog99 scalydog99 May 16, 2001 10:58 AM Flag

    Mgt Behavior

    Does mgt. have any foresight in the aerospace industry?
    Refer to 1999 annual report prepared by Charles A. Smith {COB} & Jeff Gotschall {CEO}In 1999 we focused on expanding new product services & expanding market share. Also stated, business would improve because of expansion. None of this happened. Recovery has taken place in Aerospace, but not at Sifco.
    Was sifco eve qualified to remanufacture newer G.E. engine parts at the time of expansion? Excuses fo the decline of revenue {2Q 10Q} wasencroachment of O.E.M.'s on repair side {I.E. GE }. Please respond.

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