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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (42411)	4/26/2011 9:10:40 AM
From: bruce-l	2 Recommendations Respond to of 78740

Paul: Re OSK. I have a brother in law that works for Pierce Mfg. They were bought out by OSK 10 -15 years ago or more. They are one of the biggest firetruck mfg in the US. I think they may be number 2 behind Emergency One. I believe OSK bought them out to help them improve their product line at airports which they always had a big presence. Anyway, he just told me Pierce is going to have a big layoff because nobody is buying fire trucks, every municipalities budget is busted basically. The military arm of OSK is doing good, they just hired a bunch recently but I don't think that is the high profit segment of the company. I think it was Pierce Mfg. This is all just an observation on my part, I could be totally wrong on this. Take it for what it is worth. bruce