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Columbus McKinnon Corporation Message Board

  • cattleman972000 cattleman972000 Apr 28, 2004 10:08 PM Flag

    lower and lower we go!

    Where are all you Stock experts. You must have a little case of lock jaw. 6.86 What a JOKE.
    But you know what? C M is a lean company. I read and listen very well and it blows my mind that Lean Manufacturing is being implemented just about everywhere and it seems to work. Why not at C M Corp? Once again, management all the way to the TOP.

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    • They have only just begun to loose market share!

    • This is your big tell? I think you will find this same looking graph on many stocks since 1998. I still contend this will be $10.00 stock
      in less than a year. Buy now or go home. As the NBA would say.

    • I have ask myself the same question. Look at the graph since 1998, gone down hill since. When you have problems such as these you go to the top of the ladder. What do you find there?
      Half Ass MANAGEMENT!

    • The only BIG thing brewing at CM is how BIG a bonus the Exec. Committee is going to pay themselves and how BIG of a loss they will take on the next company they sell.

      Can someone tell me what these people have accomplished over the past 6 years other than losing market share and making ill advised acquisitions which they grossly overpaid for. How does one keep their job with the track record they have generated.

    • The only BIG thing brewing at CM over is how BIG a bonus the Exec. Committee is going to pay themselves and how BIG of a loss they will take on the next company they sell.

      Can someone tell me what these people have accomplished over the past 6 years other than losing market share and making ill advised acquisitions which they grossly overpaid for. How does one keep their job with the track record they have generated.

    • No where close to being like "your" old buddy Rangerbud. Let's just say major changes!

    • CM�sGain,

      You�re starting to sound like our old buddy, Ranger�dumbass�bud.

      Remember this classic post (972) from 3/24/04:

      �dear readers,

      without breaking a promise i can say buy
      cmco if you want to make a quick buck...
      going to 8.50 by friday...someone will be accumulating 50,000 shares....

      after friday you are on your own for awhile longer.....by the way...

      i don't know if anyone mentioned this but no
      surcharge on alloy chain...maybe their biggest seller!

      good luck ...we'll see if i'm right by Friday�

      Wow with 50,000 shares he would be down over $100,000 since this post. Not a very smart move. Remember his big secret, no surprise announcements, stock has continued downward after hitting the $8.00�s just as I posted. I guess the good news is we haven�t heard from �dumbass� in months.

      Here�s some advice. Give up the �I�ve got a secret� B.S. Think you know something, write about it. If you�re right, we�ll admit it. If you�re wrong, we�ll tell you about it.

      PCIS

    • Lots of hooey posted here in the past...I'll wait and see. Nice volume today though...couple of large transactions.

    • NO HOOEY! Just wait and see! Should be very soon!

    • gozarian2003 is on the mark with his profit prediction.

      Since LICO debacle, CMCO has demonstrated it's ability to steadily reduce debt in a tough - tough industrial market. This fact, plus CMCO's smaller size, makes it an easier (and therefore more attractive)acquisition target.

      Restructuring the debt with a strong financial partner could also be a very profitable proposition.

      Something really might be up this time, but probably typical internet hooey?

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CMCO
24.15-0.11(-0.45%)Sep 17 4:00 PMEDT

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