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Lindsay Corporation Message Board

  • ilsrolia ilsrolia Jun 18, 2008 8:42 AM Flag

    CNBC Moron

    I guess this is what happens when you listen to some "Fast Money" moron on CNBC. I am ruined. I really had begun to think that this basic manufacturing company that assembles a bunch of metal pipes in a field should trade at 30 times EBITDA. I really thought that the report of CEO Parod's 50K sale reported yesterday meant he thought the stock would go higher. I really thought that the valuation was justified because people were going to start buying LNN pivoting sprinklers for their lawns.

 
LNN
67.38-3.18(-4.51%)2:55 PMEDT