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Strategies & Market Trends : Speculating in Takeover Targets
CTG 7.820-2.1%1:26 PM EST

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To: richardred who wrote (4555)12/6/2017 9:46:05 PM
From: Glenn Petersen1 Recommendation

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richardred

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According to their website, Walter Payton Power Equipment was founded by Sweetness. I suspect that he did not ,run the company on a day-to-day basis.

A bit OT, but I have a friend who at one time was the Chief Financial Officer for Sayers Computer, which was founded by Gale Sayers. Gale actually ran the company day-to-day until he took in a partner. My friend was dating the Warehouse Manager. Dating fellow employees was frowned upon and when the Sayers Computer Christmas party rolled around I was invited as my friend's date (see my book, "My Life as a Beard"). The upshot was that I sat right next to Gale Sayers and spent the better part of an hour an a half talking to him (Football God to mere mortal). A very gracious man. A great guy, an interesting evening. No kiss at the end, unfortunately. My friend's boyfriend was a bit cool the next time I saw him.

I am not familiar with Manitex. I spent some time reviewing their SEC filings. The business is very cyclical. Boom or bust. They took a bit of a hit with their accounting "problem" in early November. It didn't sound too serious.



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