Okay, that's it!! Look stokk if you want to continue to support the current management then okay, obviously it is your perogative. However, stop utilizing the long term investment arguement. Personally, I have owned 1,000's of shares since 1972. Our family has owned shares since they were first issued. This is not "bragging" this is just outlining my frame of reference as to what as you say is a long term investor. Since Growcocks tenure MTW has regressed. Look at industry figures(yahoo is as good as any place to look) and you will see that MTW is well below the industry number albeit ahead of certain sectors. You are correct, MTW needs cash after all they over leveraged them self on a bankrupt company, as well as paying 10 1/2% on bonds. Growcock convinced the board to purchase a bankrupt company by telling them his management could and will turn in around -- we shall see. Paying a dividend of 60 to 75 cents is not as you refer to it as a high dividend, when you consider it less than 30% pay out. Again, if we utilize your arguement that Berger and I are not long term investors I ask you rhtorically what do you call Growcock?? Mangement is not intentionally out to as you say "screw" the shareholders. I said it before and I will repeat it here. Mr Growcock may be a very "nice" gentlemen. However, as I watch what he is doing to this great little company I am bewildered that the board has gone along with his plans for "world domination". Why do we still own the company because WE are still one of the very few true family members remaining -- Mr. Rankin is the only true family member remaining on the board. Growcock track record is not very good. Let's see if I purchased 3,000 worth of MTW in 1998 today it would be worth 3700. You tell me if 4 years is enough time to judge Growcock. Look for Growcock to be gone within the next 18 months.