Mercury Marine looses $13.4 billion in third quarter

[Dave S]

Sales were down 29 percent as well.

http://milwaukee.bizjournals.com/milwaukee/stories/2009/10/26/daily71.html

 

[Captain Allen]

Uhhh...that's Million, not Billion.

 

[Four Suns]

Uhhh...that's Million, not Billion.

Ha ha ha...

Dave! You should run for congress!

 

[Jack F]

If Congress was involved with Mercury Marine it would be Billion

 

[wish2fish]

sounds like we need a "Cash for Sunkers" program

 

[JV II]

They need to diversify. Building boats and billiard tables in this economy is not the business to be in. Train cars? Mobile homes? Porta Potties? Windmills? Where's the money?

 

[sprink56]

Sales were down 29 percent as well.

http://milwaukee.bizjournals.com/milwaukee/stories/2009/10/26/daily71.html

I don't think any one is suprised.:smt009

 

[Four Suns]

If I could just figure out a market for barnacles, I would be rich....

 

[Tonka Boater]

If I could just figure out a market for barnacles, I would be rich....

You should consider writing a book...I hear there's good money in it.
.

 

[fc3]

They need to diversify. Building boats and billiard tables in this economy is not the business to be in. Train cars? Mobile homes? Porta Potties? Windmills? Where's the money?

I wouldn't ride on a Mercury "Marine" train car or get within 10 miles of a Mercury "Marine" windmill. I really doubt they could even engineer a porta potty that worked properly and didn't corrode when someone did something foolish like pee into it.

Best regards,
Frank

 

[Woody]

Sales were down 29 percent as well.

http://milwaukee.bizjournals.com/milwaukee/stories/2009/10/26/daily71.html

and Brunswicks boat sales were down 62%

 

[Presentation]

Mercury Marine looses $13.4 billion in third quarter

Uhhh...that's Million, not Billion.

I probably make more typo’s than anyone here so I can’t give Dave too hard of a time.

Dave, you did bring a smile to my face on what is an otherwise crappy day. Thank you!

 

[Presentation]

Sales were down 29 percent as well.

http://milwaukee.bizjournals.com/milwaukee/stories/2009/10/26/daily71.html

and Brunswicks boat sales were down 62%

62%-29%, carry the five,......where are the 33% extra motors going?

 

[Tonka Boater]

62%-29%, carry the five,......where are the 33% extra motors going?

Other manufacturers :huh: ? Mercury does supply other brands besides Brunswick.
.

 

[Bridog]

I can always count on "DoomsDave" for cheering up my day.

 

[offduty]

MarineMax sales were up 41% for the quarter however, fourth quarter loss triples from a year ago.

MarineMax 4Q loss nearly triples

 

[offduty]

Is your dingy named "Minny Me"?

 

[trit21]

62%-29%, carry the five,......where are the 33% extra motors going?

Warranty work and replacements for engines that the aluminum manifold corroded and destroyed the entire engine.

 

[sprink56]

62%-29%, carry the five,......where are the 33% extra motors going?

+1:thumbsup:

 

[Woody]

It would be interesting to see a breakdown on Brunswicks boat sales $$ compared to size(length) of units sold. As far as the 33% you guys are questioning I don’t think you can do that and have it mean anything. Remember the Merc and Brunswick numbers referenced were declines in sales $$ not engine, outdrive and boat units. Among Brunswicks many boat brands a lot of models don’t use Merc equipment to start with.