MTW -- The Manitowoc Company Message Board

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Technology Stocks : MTW -- The Manitowoc Company

MTW 10.32

-7.7%

Oct 30 3:59 PM EDT

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To: Ben Tang who wrote (10)	3/29/1998 3:02:00 AM
From: Getcher	Read Replies (2) of 62

Ben-- I looked at the chart and the stock seems to be repeating the same pattern for the third time. I see the MACD lines converging (Fast line coming up to the slow, but this time from above the 0 line). I see the same quick run in the fast stochastic as well. The trouble I am having is on the balance sheet. Company went from a 1+ current ration to below 1 by adding on some short-term debt. I do not know why they added it on, but structuring it as short-term leads to solvency implications with the current ratio below 1. (I am NOT saying they are insolvent ... just saying, from a value standpoint, I am having trouble with a current ratio below 1.) Your thoughts would be appreciated. If history repeats in the charts ... we may be looking at quite a significant run (8 points?) Getcher

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