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The Manitowoc Company, Inc. Message Board

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  • burgersboat burgersboat Oct 22, 2010 12:09 PM Flag

    Speaking of Dividends !!

    I don't think I'm going to be any help to you on Orion Energy Systems.
    After reading your posts, I think you know more about Orion than most people here in town,including me.
    After looking through their balance sheet, cash flow, institutional owners, sales, insider trades, etc... I think they're a little over extrened. Kinda like MTW LOL.
    What they do have going for them is that they're an energy conserving company and with all these "tree huggers" & "Obummer" pushing energy conservancy, they may have an edge and they are presently cheap.
    They do point out that they have all kinds of patents, but if they can't sell their "patented products" what's the point of so many patents?
    I don't think the general public (even the tree huggers) are quite ready to embrace this "go green" thing as fast as Orion would like.

    A month or so ago there was a "letter to the editor" in the Herald Times from a guy who was complaining about the cost of recycling the new energy savings flourescent light bulbs. He said that not only did he have to pay a little more for the bulb, now he has to pay to recycle it.
    Before "Obummer" mandated replacing the incandescent light bulbs with flourescent bulbs, there wasn't any charge to recycle flourescent tubes. The guy said there were alot of ditches between his house and the recycling center, (to throw the bulbs in).

    So, I guess the ball is back in your court.

    I'm getting ready to dump about 10% of my MTW shares. I'm just waiting to hear what excusses Glen will come up with.
    If I have a few extra bucks (after reinvesting the bulk of my stock sale),I may buy a few thousand shares of Orion. What the heck we're only talking a few bucks. If Orion doesn't survive the next recession coming next year, I won't be out that much money.

    For you "Old Timers" get ready for MTW to start going up. You know my track record on selling some MTW shares.
    For those of you who don't. "Every time" I sell some shares of MTW the share price goes up. That's a fact jack.

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    • Burger: For your information, Home Depot will take the CFL for free. It is not true that flourescent tubes were recycled free. It was during the Bush Admin. that they were required to be recylced, as well as they should be. There is mercury in those tubes and they should not be sent to the landfills. However, in my checking, companies that take the tubes for recycling in Green Bay were charging more to recycle the tubes than I originally paid for them. Go figure.

    • Thanks burger...I always like the local views...

      BTW..I'm on Mackinac the Tea Room, at the Fort is a @1910 picture of the harbor..Tied to the dock, is a Burger Boat, owned by the Hart family...can't remember her name, but remember she went down in gale in 1912.

      • 1 Reply to gawdsmajudgel2
      • Judge:
        Many,many years ago. More years than I have fingers and toes, when I worked @ Burgers'. I remember being in the drafting dept. checking on something I was working. When Henry's secretary, (I think her name was Darlene)was looking up the name of an old boat they built in the early 20's. She was looking in a box that was full of index cards. The index cards had the boat number, the original name w/ the original owner and any updates to either the name of the boat or the owner. I asked how far back that file went? I was told it went back to day one (1863). There were at least 700 cards in that file.
        When Burgers' went bankrupt back in the late 80's early 90's, some of the remaining on site top management people took alot of the company's history records & drawings out before the doors were locked. I understand that most of that history ended up at the Manitowoc Maritime Museum. I wonder if that index box ended up there??.
        I think that when Burgers re-opened in the 90's those "history" items remained @ the museum but were available to Burgers anytime they wanted something.

        By the way,, my name isn't Burger. Just my computer name, because I worked there. I wish it were.

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