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Middleby Corp. Message Board

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  • ntack5 ntack5 Jun 10, 2008 11:28 AM Flag

    Worry about Quarter numbers ???

    Cutting the development is easiest way to offset the rising cost of steel and poor sales due to depressed market. Restaurants are not upgrading equipment during a time when they are feeling squeezed due to higher fuel costs and food costs. MIDD is dead money at best with more downside than up from here. If you love the company, hold on. If you have no loyalty, sell. I took a slight loss but am not willing to hold for a turn around until some obvious relief is insight.

 
MIDD
82.61+0.09(+0.11%)Oct 20 4:00 PMEDT

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