just heard a stein roe PM on CNBC talk up DIS- a
stock that has been felled since disappointing in the
first quarter, but with good brand-loyal businesses. At
$28-and-change, it is at almost 40 times next year's earnings
estimates. it looks like either estimates are way too low,
or if they are realistic, then those saying that
this stock looks cheap must only be looking at its
price drop from the mid-$30s, not considering that
earnings are supposed to be less than $1 this year and
next, with a LT growth rate of just about market (15%).
what's your take on this stock...and by the way, i'm
proud to be a holder of INTC.
that the heat is knocking out the competitors'
products while MTW's icemakers keep on cranking out the
ice without service interruption. products that break
won't be reordered. just felt like i was due to post
something. congrats to all longs who held on while the
industry looked like dead money during the 3rd and 4th qtr
of 1998, and 1st qtr of 99. maybe i will get back in
here-this company ha been on an earnings roll since they
bought shannon, 3 years back. manty employee--what kind
of manager is this terry growcock, and how does he
compare to freddy butler?
im already in dcn ill look into the others, this
is a short term investment for me i was looking for
some conservative stocks to offset my skyrocketing
semiconductor stocks, now that i have enough to diversify. I
just liked the outlook of continued outsourcing to go
around the unions even though that will be difficult.
Still haven't gotten my Yahoo pager fixed. I
picked up a virus on the old computer some how and I am
getting all kinds of dll errors. As soon as I get that
squared away I'll let you know.
In the meantime -
good luck on your investments!
Although i dont know this co. as well as others,
a 2 week heat wont inspire co. to add to current
capacity of ice making, heat waves always happen, this may
increase usage and breakdowns perhaps, might just need a
part then. Buying other co.s read there annual report,
i believe they talk about growth through acquition,
using a value added approach.
Not only the weather is good for business. The
management of the Food Service division is moving ahead with
plans to cut costs related to inventory control and
improve the product flow to the customer. Also I would
expect another aquisition to compliment the mix of
companies currently in the Food Service division,I know
they are looking.The management team has to make the
company grow to earn their EVA bonuses. I know that they
are constantly raising the bar as far as goals and
the real good news is that they seem to get it done.
Thats why I think there is More to Come
I believe the West crane was being assembled in
that large mustard color building @ Bay ship. I think
that the West crane was moved out when Bay Ship was
contacted by Palmer-Johnson (P.J.'s) showing some interest
in building large yachts in that same building.
That's the building that 195 footer was built in. P.J.'s
couldn't build it at their own place because of its size.
They had trouble building or maybe I should say they
had trouble moving their last large boat to Bay Ship
for the launching. So they built that 195 footer from
the keel on up in that building.
---------You can see the sides emerging out of the graving
dock. Hull sections are being moved accross the yard
toward the dock.
A few questions: How old is the
Great Lakes fleet? What is the ave. age of the boats
out there?. Even if a boat is maintained properly,
it's life expectancy is 27 years. How many large ship
yards are there on the Great Lakes that can build boats
of the size that Bay Ship builds? What about repair
Mantyemployee: If Big Blue is not a Manitowoc,
who manufactured it? Assuming its a crawler, not a
tower, I can't remember seeing one that size that wasn't
an MTW. Good to know a 21000 will replace it.