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Non-Tech : Mackie Designs (MKIE)
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To: B.D. who wrote (33)4/15/1997 5:43:00 PM
From: Alex W.   of 61
 
Your suspicions of production problems are legitimate, they have top of the line machinery and are attempting to be the Boeing of mixers, however it seems they are trying to do this at the shareholders expense. I visited the company about two months ago and was not impressed with management's concern for shareholder value. Yes they are building a quality product, yes they do have a first class manufacturing facility but in my opinion they have no regard for cost management. I also own the stock and believe the profitability deserves a higher price, however I don't think the "current" management will create a home run situation.
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