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The Manitowoc Company, Inc. Message Board

  • pumpjack33469 pumpjack33469 Mar 23, 2002 9:21 AM Flag

    Las Vegas construction Expo

    Manitowoc introduced four new models at a trade show last week. Innovative self-erecting tower crane mounted on a truck was an engineering collaboration with Potain. Customer interest in two new boom truck models - over twenty orders taken for the Model S282. Encouraging since material handling truck sales have hurt cranes bottom line. Representatives for Grove Worldwide were at the Manitowoc booth. The telescopic manure/hay bale handler didn't make the show. It's still parked in my backyard.

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    • Come on u guys,,,,u all got "broken fingers" ???,,,,,,,,,,,What is the " Majestic" ????????????.....
      & 4 the rest of what is going on,,,,,No news is Good news

    • OK,,,some of u said the guys name (but not directly)!!!
      When I worked @ Burger Boat Co., I took many trips to Florida with the owner of Burgers,, Henry Burger (the "sitting" board member ) he would talk a little about the MTW Co. Not about what the board discussed, the Company in general. He's the one that died in April of 88 !!!

      so there

      It's always nice on the " Beautiful Lakeshore "

      Hey I saw something yesterday,,,,Help me on this one,,,,,,

      while driving down hwy CR (in Manitowoc)I came upon a police escort, the police were escorting the house (Topsides) of a boat,,it was almost 2 lanes wide & 50' long, all the lights (windows) were in place. On the weathershield (side) was the name "Majestic" The house looked like it was made out of Aluminum.

      Does anyone know anything about this ???
      What are the names of the Ferries being built @ Marrinette Marine for the city of New York ??

      Another stock holder on my side-- Yes the "yearly dividend does SUCK"

    • Okay Burger, you win! The person in our family who had direct ties with MTW died several years ago, my personal expereince goes back to 1972 but I cannot remember who died that year. I even went back and took a look at a 1988 annual report (my wife saves everything)to see if it would help. If MTW goes back below 37.00 I may buy some more. One of the most difficult actions for an investor to do is to average up. Most people want to average down and then pray that the stock gets back to where thay purchased it so they can sell. It has been my experience that you make more money by "averaging up". That is, buy a stock that is clearly in an uptrend but buy when it has retraced in order to fill a gap --this is what I think (perhaps it is wishful thinking) MTW is presently doing on its way to the high forties. Hope your weather is improving, Spring has yet to arrive in NE Ohio. And one more thing -- The annual dividend sucks!!!

    • WAY OFF 1988 come on people,,,

      was Pres. of (no thay's too easy) Let's see, his wife's maiden name was "Eagan" her father was Eagan,,her mother was a Hunt!!

      i'm almost down to a 1/2 "Atta Boy"

      NOT just a "strong Buy" (but with what I just heard),,, a VERY strong buy,,,,was I wrong the last time about a "strong" buy?????

    • Just came in for lunch. Rosie, thanks for blaming it on the mouse.Okay, Burger, I am going to go back in history to the Manitowoc Subs --- J.P. Nash

    • Hey, don't I even get a star for being close? (sniff)


    • NOPE,,NOPE,,on John & Charlie !!!

      John died in 89 & I think Charlie ( John's nephew ) died in the early 90's)

      NO ATTA-BOYS today!!

      The guy I'm talking about died in April of 88

    • Say um, Kent? I think you slipped with your mouse on your Long-Term Sentiment.....Strong Sell? Didn't you mean Strong Buy?.....
      From the indicators I've paid attention to, I believe that waiting will be in my best interest also. I've been hard pressed to find any mutual funds that impress me enough to take on the tax consequences of a trade right now.
      The charted price history of MTW in the last 5 years shows that the stock tends to go up between 5 and 10 points between March and June....thats good enough reason for me to wait. Besides....I too, am quite 'attached' to this company...
      Oh, and for those of you that invested in MTW in the late 80's, did you know that once the price reaches 47.4, your investment will have doubled for the 3rd time? Works for me.


    • I think it is West. Anyway, Rosie like I said earlier I beleive, if you can, you might want to wait on your sale. Hindsight is ALWAYS 20/20. However, at this time the odds ( according to the crystal ball and all my "other" indicators) are predicting we will reach 45.00 before we see 36.00 again. Seriously, the additional earnings of Grove would bring MTW to over 3.00 per share by 2003. "IF" this is happens then using historical PE we could see the price approaching 60.00 -- without a split. Like all investments there are a lot of "ifs". Nevertheless, I believe that the 'ifs" in this situation are with the economy and not MTW.

    • I was thinking the correct answer would be John West....?? I tried to find some history on him, but no luck with my limited time.

      Say Burger, take a look at the charts from the last 5+ years....if you look at the chart around March til June, it seems that there may be a trend for this stock to rise up to 5 points during that time frame. (Kentstate, did you get that crystal ball shined up yet?)

      I think I will wait on my 'insignificant' transaction for purposes of diversification. MTW provides plenty of it's own diversification without the mutual fund fees! In fact the way things are going, I might even drive my old car for awhile longer.


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