For a company with this little tangible equity, this much debt, and bleak near-term sales, I really have to wonder where the MLHR fans are coming from.Chairs they sold last year for $200 can probably be bought with only slight use for $10 all over corporate America.
"wading"?hey, if i had the motivation and resources to play on this horse....i wouldntmight get some decent rump roasts and ribs out of it thoin that instance of course it is most helpful if one's taste tend to the exotic...but with exotic tastes, why settle for stone soupfuck it...bury it, its starting to stink up the back yard
Gee Lance, sold mine at 35 got back in at 27 Got out at 25 Got in at 23 got out at 25 stayed out till 8 thinking about wading in a little now
"Gee Lance sounds like yor still a little bitter since they contained cost in Alanta,"nope...totally over it...one does not have to be bitter over the past to learn from its lessons"I'm doing well today as the price is rebounding."cool....i remember selling mine for $31/share and what a happy moment that wasmaybe you will see that moment one day as well....in yer dreams!this company and its stock will sink on its own merits....makes no matter my opinion of them
Gee Lance sounds like yor still a little bitter since they contained cost in Alanta, I'm doing well today as the price is rebounding.
"They are an excellent bunch of guys and gals, producing top-notch furniture, at one of the best outfits to work for in America."thx....needed the laughwhat you have here is an example of too much in-breeding (the company)a company that discarded it's grandly stated corporate principles including such lofty ideas as "employee owndership" in pursuit of the almighty epsa company now squarely planted in the realm of mediocrity...dead in the water in terms of demand for at least the next 3 yearsboo hoo...breaks my frikkin' heartstick a fork in it
I anticipate at least one downgrade simply based on prospects for sales through 2010, if nothing else.
At what price does MLHR setle down to ????I thought there would have been a huge short interest today but I guess I was wrong.GLTA