Originally posted by mrmarket
DW ==> The Summer Sizzler Winner!
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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.
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http://finance.yahoo.com/q/bc?s=DW&t=5d
something's up! anyone else think this one will be our next big winner?
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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!
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Originally posted by rickflyboyI 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%.=============================
I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$
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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!
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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.
- $$$MR. MARKET$$$
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