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.

NYSE:LEG - Post by User

Leggett & Platt Inc > Bottom Line

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Comment by slacker101on Apr 14, 2013 9:56pm

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Post# 21253000

RE: RE: RE: RE: RE: Bottom Line

If the share price deterioration was happening to LEG in isolation, I think your admonition of management would be warranted. The fact is they are delivering but the market doesn't care right know. It's happening to all of them.

Having said that, you better get the whining machine warmed up because this coming week is going to get pretty ugly. It's a good bet that we are going to drop below $5.00 (capitulation selling for a lot of O & G stocks).

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