T&T: West Marine 2009 catalog
Mike. Maurice
mikem at yachtsdelivered.com
Mon Mar 2 11:30:09 EST 2009
This is a link to the West Marine report for 2008.
http://tinyurl.com/bxvxcc
A summary would indicate that they had a modest sales downturn, that
they are cutting overhead and trying to make a leaner company and that
the after tax loss amounts to about $2.00 per share for last year.
The stock is trading at about $5 down from a high of about $10 about a
year ago.
They are scheduled to release more detail on the 5th of March to the
investor community. I don't have much of a feel for what all this means,
but maybe some of you more savvy stock market types can glean some more
insight out of the numbers and impressions of the customer base.
Mike
_____________________________________
Capt. Mike Maurice
Tigard Oregon(Near Portland)
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