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Non-Tech : MLHR: Herman Miller, Inc.

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To: Dave who wrote (1)2/5/2002 3:29:28 PM
From: Dave   of 3
 
Well it's over a year later, and the global recession is still just getting started. Herman Miller hasn't really felt the full force of the coming pain yet. They will. And I'll be buying, when the price is around $12/share. The products are still excellent now, it's just that in slow economic times, especially around Silicon Valley, there is a glut of used office furniture sitting in vacant office buildings and showing up on auction blocks. When both (1) this used supply is exhausted and (2) the economy picks up, watch for Herman Miller sales to take off.

Still waiting for now though.

Dave
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