Leggett & Platt Inc T.LEG

Primary Symbol: LEG

Consumer Cyclical

Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.

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Leggett & Platt Inc > Conference

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Comment by nijinsky70on Mar 09, 2012 4:12pm

366 Views

Post# 19651318

RE: RE: RE: RE: RE: RE: Conference

For a stock that is 15% of my total portfolio I expect that it should at least not part of my problem. Anyway I held it long enough for very little or no return, and if the Q4 announcement does not breath some life into it, it's time to say goodbye.

The hype by the stock experts got me into LEG (after I did my DD also) however, if it does not fire it does not fire. LEG won't be the first highly touted stock to fail, and it won't be the last either. That's the way the market works.

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