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A O Smith Corp V.AOS


Primary Symbol: AOS

A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and other. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Impact Water, Water-Right, Master Water, Atlantic Filter and Water Tec brands.


NYSE:AOS - Post by User

Bullboard Posts
Comment by sweetnellon Feb 26, 2008 11:30am
108 Views
Post# 14546468

RE: STP up 5 cents AOS up 4

RE: STP up 5 cents AOS up 4Fair comments, all. However, the financing was not necessary. He had said it several times. Nobody on this BB who has talked to him can deny that he said "we don't meed to do a financing" To carry the point further, he was working with Connacher and new full well that he would be getting the money back. AOS would have still been in a great position cash wise, after the initial drill results from both Hangingstone and Ft. Mac. No, he lied, diluted the existing shareholders by 15% when the markets and share price was low. All you have to do is mislead shareholders a couple of times and they leave. That's what we are seeing. So, wheres the upside now?
Bullboard Posts