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Lindsay Corporation Message Board

  • huskerirrigator huskerirrigator Apr 11, 2005 6:17 PM Flag

    Pity the LNN investor left holding....

    shares when either the Board decides to nullify management's desperate efforts to artificially hold up the stock price via share repurchases at a HUGE premium (squandering valuable capital) OR when Q3 earnings are released. If you thought the slide from 29 to 19 was fast...just hold onto your pants.... could see single digits. This Board must be in denial and buying into Parrod's litany of excuses while Valmont's eating Lindsay's lunch regardless of market conditions.

    The proper valuation of LNN should MAYBE be 25x PE on $.40EPS. You do the math.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • LNN will shoot up North to 90

    • LNN will shoot up North to 90

    • Don't forget the employees that work for the moron Parod. They had a good company to work for before Parod came to Lindsay. Now morale is low and the company is slowly going down the tubes because of the lack of leadership from Parod. Also, heard there were and acontinue to be layoffs. Expect another bad quarter when it gets reports in a few months.

      FIRE PAROD, he is utterly useless.

      • 1 Reply to huzkerirrigator
      • Well, check the original date and posts on this thread, the readers of this board can't say they weren't warned.
        Stock price is now in the crapper, market share is deflating, earnings are the highest that can be simulated from the usual smoke and mirrors display, THIRD layoff of WORKFORCE this week and the executive perks go on.
        Employee spirit is not only broken, it has been obliterated. Some employees they wish to retain are being allowed to come to work only on alternate weeks so as to keep them off of the payroll part of the time yet keep them ineligible for unimployment benefits thereby saving the company contribution costs.
        Check the insider trades to see how many of the inside management were allowed to use their knowledge to profit from the price inflation before the balloon began to lose all of that hot air.
        OH I FORGOT!! OBAMA to the rescue??

 
LNN
86.25+0.62(+0.72%)2:55 PMEDT

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