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Non-Tech : Omniquip Intl. (OMQP) -- Ignore unavailable to you. Want to Upgrade?


To: Bob Davis who wrote (90)8/24/1999 8:51:00 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 93
 
Hi Bob, I've from time to time stopped by your N-letter and have been pleased with the information there. Thanks.

Other than rumors, there was a real lack of information coming from the company. That can sometimes be a sign of negotiations. Even living here in Port Washington, WI didn't help me this time.

There had been some rumors of some unknown "Suits" walking through the place with Enoch. OMQP recently cut out overtime on weekends, which really jazzed up the rumors on the assembly line. A good friend who sells engines to OMQP said that business was steadily growing........Etc.

All I can say for sure is that the abundance of rumors was a signal of some sort all by itself. When the buzz is the loudest, one's usually nearest the nest. One good friend that's in the plant more than once per week didn't even get proper drift on the potential buy-out although he, too, was suspicious. It wasn't that anyone read it wrong, but that there was too much to read!!!

I'm delighted to have been a part of OMQP's brief time as a public company. No, I didn't buy at the IPO, but I've made good money - and unfortunately, so will Uncle Sam since it's an all cash deal. I would have taken a serious look at Textron's issue.

Do you have an opinion of Textron itself?

Best regards, Tom