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VMI earnings     16-Oct-09 12:59 pm    
The following is direct quote from VMI chair and may suggest possible direction for LNN Oct 21st financial release.

"Third Quarter Summary:

...Mogens C. Bay, Valmont's Chairman and Chief Executive Officer. "In the Irrigation Segment, results were significantly lower in sharp contrast to 2008's record third quarter results. Lower crop prices and the outlook for a decline in global farm income in 2009 deterred farmers from purchasing irrigation equipment."

VMI ag division sales declined by50%. If LNN meets and doesn't offer a negative prognosis for next year, we longs may get saved. Who knows?


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peepill

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  Subject Author Rating Time of Post (ET)  
 
VMI earnings
peepill Not rated 16-Oct-09 12:59 pm  
 
Duh! If one was surprised by this earnings... LNN...
peepill Rate it 21-Oct-09 09:47 am  
 
LNN has dropped a lot before earnings came ou...
stocksfromh... Rate it 21-Oct-09 10:09 am  
 
LNN seems to be holding up fairly well a...
muskiebear6... Rate it 21-Oct-09 10:55 am  
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Lindsay Corporation (LNN)

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At 10:10AM ET: 35.18 Down 0.60 (1.68%)
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