Thanks for recognizing I was trying to be humorous. Most think my jokes are just stupid.
I believe "flatline OSB pricing" is a result of another problem. That is the lack of single family home construction. There are some multifamily units being built, but they just don't create demand for OSB like single family units. Most family incomes are not rising and rather than buying a home they must continue to rent--thus the need for more multifamily units. So much for the American dream of owning your own home.
A post from dtmck99 came through on my email account via recent activity on my yahoo posts. Unfortunately, I don't see the post here on the message board. Maybe the remark about "old f@rts" blocked the message from being posted.
Anyway, dtmck, it was good to hear from you again. Last I heard from you, you were looking into some scheme for early retirement. What happened on that? Did you find out a retirement based on lottery tickets and jury duty pay is not good strategy?
Truceguys, I didn't know LP-Hayward was having wood supply problems. Winter was a tough one, but a couple of logger friends made it through OK. New Page Paper and Johnson Timber are buying up a lot of the stumpage in the area,and are using most of the wood in their own operations. Its been what--10 years--since LP shipped in by rail from Canada?
Yeah, no fun since dtmck99 quit posting. Wonder what happened to him? Maybe all of his priorities changed when pot was legalized in Colorado.
Nice quarter for PCAR with all segments(trucks, parts,& financial) contributing. I don't look for big increases in the stock price though--we are still consolidating last years huge gains. Also, some market big names are calling for a 10-20% correction--something that would actually be healthy for this market near record levels.
This is wonderful, Mose, we actually agree on something! I think I will complain to Yahoo about how they screwed up what was a pefectly good message board. Does anyone on this board happen to have Marisa Meyer's cell number?
Does anyone hate this new message board format as much as I do? The old format put all posts in chronological order (oldest first) and it was easier to follow the discussion. The new format seems to get posts all mixed up and harder to follow. Any suggestions?
I was discussing this topic wih usequiyresearch, and all our previous posts are gone. Does anyone else hate this message board format as much as I do? The old format was in chronological order (oldest first) and it was much easier to follow the discussion.
UAW can go anywhere they want, but, if they keep losing elections like in Chattanooga whats the point?
Yahoo ownership section shows 96% of LP stock is held by mutual funds and other institutional investors. If Stevens does not produce, these investors will apply pressure to replace him. $5 milion is not too much to pay a top rate CEO. Stevens has not been in the job long enough to prove he has what it takes, but he must be paid none the less. The last thing you want to do is scrimp on CEO pay, and find yourself in a never ending cycle of hiring and firing second rate managers.
Did anyone bother to look up what Curt Stevens makes a year? Well, his base salary is $850,000/yr. Other compensation is in bonus, options and stock. As of 1-30-14 Stevens directly owned 393,000 shares of LP stock. Hard to figure how he doesn't care about shareholders when HE IS one of the largest shareholders. If OSB prices were higher and the stock were going up, everyone would be calling Stevens a genius, and saying he is worth every penney he is being paid.
There you have it ,Mose. Mercedes-Benz is a division of Diamler AG. Diamler Trucks is also a division of Diamler AG. Diamler Trucks is the division that makes Freightliner not Mercedes-Benz. As I said before its all just semantics because its all part of Diamler. Then again, I don't expect you to understand this--I expect you will try to twist this to back up your own wrong-headed beliefs.
Prior to 2007, Diamlerchrysler owned Mercedesbenz. In 2007 Diamler sold Chrysler to Ceberus Capital(a private equity firm)and, they kept the Freightliner nameplate. The company today is commonly referred to as Daimlerbenz. This may be just semantics but, Freightliner is owned by Diamlerbenz not Mercedes.
Not sure I like this if a takeover were to happen. The last time a European company took over an American vehicle manufacturer they scewed it up pretty bad. Diahmler still owns Freightliner (which is still doing OK), but they pretty much ruined Chrysler.
Hey Mose, again I ask whats a "jack leg"? Also when you do the "hahahahahahaha" thing in your posts does this mean you think its funny even if nobody else does?
Hey Mose, whats a "jack leg". Do you and your old UAW buddies just sit around all day trying to come up with names to call people who disagree with you? Then again, with only $1800/month plus Social Security you really can't afford to do much else. How on earth do you manage on such a small amount of income--you must get a really good deal on the lot rent at the trailor park.
You might be right in saying I "just don't understand big business". To me working in "big business" would be kind of like being in the army--very regimented, lots of rules and little value placed on the individual. I have always worked in smaller companies where good ideas and hard work were appreciated. One thing you will never understand, Mose, is that quality of employment is more important than length of employment.
You worked 37 years in the same job and what did it get you? The plant was closed, your services were no longer needed and you were unceremoniously dumped. I , at least, got a party and a really nice watch when I retired.