Re: Great POSTS Gil it's refreshing to hear some common sense !!RIC
posted on
Jun 17, 2009 03:31PM
'My sales are off but not operating at a loss yet. I've diversified to other things I normally don't do such as piping and steam controls. (I'm in boiler sales and service, industrial) Most all of my customers are way down. When the corrugating industry (box manufacturers..almost everything gets shipped in a box) picks back up that's my cue things are picking up. They're not close to normal. Steel manufacturers..same.
Nursing homes are losing tenants at an alarming rate because of the drop in returns on their investments....must be all those nnn's doing them in! They're offering finders fees to bring in new people.'
So you have a bird's eye view of how bad the economy really looks. And personal experience of how bad the investment arena looks.
Is this why you stay invested in EDIG - given their recent good numbers, and despite their challenges in the market for their products ?