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Another Post Worth Reading----

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NetShoe Member Level  Tuesday, 09/11/01 09:46:13 AM
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Another Post Worth Reading----

By: pizzaking $$$$ Reply To: 232302 by BOBG_AOL $$$$
Saturday, 8 Sep 2001 at 1:22 AM EDT Post # of 232849


Robert....for you I will do it.............

I really dont like posting on this board anymore because of the negativity here amongst other
reasons. But you mentioned those four magic words "love of the PIG". And I do. So Robert, this
ones for you.
First of all, I want all the people who are running weenie down to stop it because you have really
got it good. All you guys have to do is put up with his crap on this board,I had to ride in a truck
with that guy for three hours today. You have no idea.............never mind.
The reason I go to Waukon to talk with Mariano is to try and stay as close to the company as I
can. When we go there we get no special treatment, we get no insider information and we get
nothing that anyone else couldn't get. But what I do get is a feeling that this company is worth
being invested in. I have met with Mariano five times now and I believe him to be a very driven
man. A man that is a realist, he has a vision and a plan. Mariano is someone who I believe will
make this company run but realizes it has to crawl and walk first. (we are still crawling, but at least
we are crawling forward now) Two weeks ago when I visited with Mariano he told me that he no
longer had anything to fall back on in North Carolina and that Struthers had his full and undivided
attention. He also told me then he had 28 more boxes of paperwork to go through before he was
done going through every document related to this company, today he said he has 4 and he will
be done before the end of September. Everytime we go up there seems to be a new employee
and the employee's say that it's a great place to work. When I used to read this board and listen
to what everyone said about the company I too would get worried. But since I have been going to
see the company and checking it out for myself I have found a whole new confidence in it. Many
people have questioned Mariano's concern for shareholder value but he has taken a public
company on the brink of bankruptcy and turned it around and made it very profitable. I beleive he
will make Struthers very profitable also.
After becoming personally aquainted with both Doug and Mariano it is my belief that this company
not only suffers from market conditions, but also from the difference in the way the two portrayed
(portray) Struthers. Doug had visions of greatness but could not bridge the gap from where we
were to the dream which he sold many investors. Mariano inherited these investors and now has
a difficult task to try and satisfy them. Mariano knows with his reality based way of doing business
that any pr will only be met with people selling because it will not live up to the expectations which
Doug has layed out. I don't think there are any easy answers here but I believe that this is a real
company with real assets and a real chance to succeed.
One more thing before I go. I believe that Bob C. saved this company (though a lot of people wish
he wouldnt have) and he has kept some sort of control since he did. I think that he saw how Doug
was running it, didnt think it would last long and decided to make a change and still has some sort
of control. I dont think he is behind the fall in share price.

Joe

Cheers

Voluntary Disclosure: Strong Buy : Long and Short Term

Cheers

Voluntary Disclosure: Strong Buy : Long and Short Term
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