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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 xtdon Oct 18, 2012 2:06pm
206 Views
Post# 20499133

RE: rights

RE: rights

The rights will apear automatically in the next few days. However I don't expect

that they will ever trade with the stock at .075 cents. They only have a 30 day term

so unless something dramatic happens with the share price they will likely

expire at zero value. The rights offering was a stupid idea given that management

was unwilling or unable to support the stock price above >10 cents. Obviously

the new board is not composed of rocket scientists or managers with brains.

Saddly I voted with the greens not giving enough consideration to better the

devil you know than the one you don't.

Bullboard Posts