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To: reaper who wrote (48805)8/4/2002 5:28:49 PM
From: alburk  Respond to of 209892
 
Reaper et al (regarding HDI)
Along the same lines, but more so, it would seem that the coach companies are extremely vulnerable. They are boom and bust companies. Extreme financing has made $100,000 + coaches available to the masses (sometimes 100% financed). Some buy them just for football tailgate parties. We have Country Coach, Monaco, and Marathon here in Oregon. Marathon may be less susceptible because they cater to the wealthy ($1mm + range). Not sure if these companies have finance arms. Just read that industry sales were up 24%--financing. It's amazing how many people have these things--and many cost more than the houses they live in. (Though the Govt has subsidized them--mortgage interest deduction).

Andy