DW ==> The Summer Sizzler Winner!

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  • jiesen
    Senior Member
    • Sep 2003
    • 5320

    #16
    Originally posted by mrmarket
    Frankly I feel bad for the guy. We'll all get our money on this stock and I hope he does ok too.
    Yeah, I was just joking about that. I'm sure if it were me, I'd expect to get a million for it, too. The press release just seemed to say that we're still hoping to recover some or all of that award. I think there's nothing a lawyer wouldn't stop at to get a few extra bucks out of a miserable situation. It's pretty sad, but still, DW's obligated to do what the lawyers say will get them the most $$ for us.

    Comment


    • #17
      insurance

      Why didn't they have insurance to cover these kind of lawsuits ??

      Comment

      • jiesen
        Senior Member
        • Sep 2003
        • 5320

        #18
        maybe self-insurance was cheaper? at any rate, if they had insurance, a $1M claim will surely cause the rates to increase to where they'd just end up paying most of it back to the insurance company anyway.

        you have a good point though... if someone breaks their arm on my property, my insurance would cover a $1M lawsuit. perhaps DW should be similarly covered. it's sort of too late for that now, though.

        Comment


        • #19
          bump

          Bounced off its 50 DMA like a super ball. Another move ahead?

          Comment

          • jiesen
            Senior Member
            • Sep 2003
            • 5320

            #20
            http://finance.yahoo.com/q/bc?s=DW&t=5d

            something's up! anyone else think this one will be our next big winner?

            Comment

            • jiesen
              Senior Member
              • Sep 2003
              • 5320

              #21


              Ok, DW has broken past 40 again, will we see 44 this time? I think so.

              Earnings have been nothing but great, and that punch press incident is behind them, so as far as I can tell, systems are go for launch!

              Comment

              • rickflyboy
                Member
                • Apr 2004
                • 98

                #22
                I hope you are right it's been almost a year, but 15% in a year sure beats a bank savings account rate of 0.9%.

                Comment

                • mrmarket
                  Administrator
                  • Sep 2003
                  • 5971

                  #23
                  Originally posted by rickflyboy
                  I hope you are right it's been almost a year, but 15% in a year sure beats a bank savings account rate of 0.9%.
                  Actually over the same period, the S&P 500 is only up about 4%. So DW has outperformed the market as well.
                  =============================

                  I am HUGE! Bring me your finest meats and cheeses.

                  - $$$MR. MARKET$$$

                  Comment


                  • #24
                    DW on the move again.

                    Jiesen, don't you usually post these updates? You're slow

                    Comment

                    • jiesen
                      Senior Member
                      • Sep 2003
                      • 5320

                      #25
                      yeah. you beat me to it!

                      my damn job is slowing me down again. don't you just hate that? maybe one of these days this investing thing'll pay off and I can just quit.

                      anyway, just 2 bucks to go on this one... gonna watch it closely, since you never know! (just look at CMTL)

                      go DW!

                      Comment


                      • #26
                        You probably would have beaten me to it if I weren't taking the day off. I'm making a 4-day out of it

                        Comment

                        • jiesen
                          Senior Member
                          • Sep 2003
                          • 5320

                          #27
                          Originally posted by B.J
                          You probably would have beaten me to it if I weren't taking the day off. I'm making a 4-day out of it
                          you lucky, lucky bastard. actually I'm lucky too, since my boss is doing the same (well, one of them, anyway).

                          Comment

                          • mrmarket
                            Administrator
                            • Sep 2003
                            • 5971

                            #28
                            This may be a "scoop" for Business Week....


                            Drew Industries Named To BusinessWeek 'Hot Growth Companies' List
                            Wednesday June 1, 9:09 am ET


                            WHITE PLAINS, N.Y., June 1 /PRNewswire-FirstCall/ -- Drew Industries Incorporated (NYSE: DW - News), a leading manufacturer of components for recreational vehicles and manufactured homes, today announced it has been named to BusinessWeek's annual "Hot Growth" list of the 100 best small companies.


                            Drew was ranked 57th, marking the second consecutive year the Company has achieved placement on the list. In 2004, the Company was ranked 64th on BusinessWeek's list.

                            "We are pleased to be recognized by BusinessWeek as one of America's best performing growth companies," said Leigh J. Abrams, Drew's President and CEO. "During the last several years our success has been based on a combination of organic growth, new product introductions and targeted acquisitions. Moving forward, we expect this strategy to help continue our growth and enhance our profitability."

                            To create the list, BusinessWeek begins with a database of 2,200 publicly traded companies with revenues of $50 million to $1.5 billion a year. The companies are then ranked by sales and earnings growth, as well as return on capital over three years. Contenders must have a market cap of $25 million or more and a stock that trades for at least $5 per share. Companies that underperform the NASDAQ composite are eliminated, as are companies with recent earnings disappointments. The top 100 remaining companies make BusinessWeek's "Hot Growth" list.

                            BusinessWeek's cover story "Hot Growth Companies" will be available online at http://www.businessweek.com and is available on newsstands the week of May 30.

                            About Drew

                            Drew, through its wholly owned subsidiaries, Kinro and Lippert Components, supplies a broad array of components for RVs and manufactured homes. Drew's products include vinyl and aluminum windows and screens, doors, chassis, chassis parts, RV slide-out mechanisms and power units, bath and shower units, electric stabilizer jacks and trailers for equipment hauling, boats, personal watercrafts and snowmobiles, as well as chassis and windows for modular homes and offices. From 50 factories located throughout the United States and one factory in Canada, Drew serves most major national manufacturers of RVs and manufactured homes in an efficient and cost-effective manner. Additional information about Drew and its products can be found at http://www.drewindustries.com .
                            =============================

                            I am HUGE! Bring me your finest meats and cheeses.

                            - $$$MR. MARKET$$$

                            Comment

                            • Websman
                              Senior Member
                              • Apr 2004
                              • 5545

                              #29
                              Originally posted by jiesen
                              you lucky, lucky bastard. actually I'm lucky too, since my boss is doing the same (well, one of them, anyway).
                              B.O.S.S. Turned it around and you get. S.orry S.on O.f a B.itch.

                              Comment

                              • jiesen
                                Senior Member
                                • Sep 2003
                                • 5320

                                #30
                                wooooooooooo! SOLD my DW!

                                Sold my DW at 43.9 today for my 15%.

                                Thanks, $$MM, for this incredible pick. You are truly huge.

                                Comment

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