Eastern Company EML

Industrials

The Eastern Company manages industrial businesses that design, manufacture and sell engineered solutions to industrial markets. The Company has one reportable segment: Engineered Solutions. The Engineered Solutions segment provides engineered solutions to support its customers needs in the commercial transportation and logistics markets. It designs, manufactures, and markets a diverse product line of custom and standard vehicular and industrial hardware, including turnkey returnable packaging solutions, access and security hardware, mirrors, and mirror-cameras. It offers a standard product line of rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles, among other products. Its subsidiary, Velvac Holdings Inc. is a designer and manufacturer of proprietary vision technology for original equipment manufacturers (OEMs) and aftermarket applications, and a provider of aftermarket components to the heavy-duty truck market in North America.

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Eastern Company > TT77, exactly what I was thinking

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Comment by TorontoTrader77on Jan 25, 2008 1:04pm

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Post# 14262870

RE: TT77, exactly what I was thinking

A positive news release could make eml gain 50% in a day easily. So we have to wait. Aru will gain easily over 10$, if they put their positive news release on their mining concession out. I am very confident, but if we'll get some bad news, we are really f*****. Based on Bmo's accumulation and the very strong friday 2 weeks ago, the chances are very low that we will get some bad news. But im glad that there will be a official statement very shortly.

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Thematic Insights report: The Hard Asset Century