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Post# of 173869
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bbotcs

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bbotcs

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Tuesday, 07/05/2005 1:30:17 PM

Tuesday, July 05, 2005 1:30:17 PM

Post# of 173869
JMIH--anecdotal reason to sell

Sold 2/3 of my JMIH today. A friend who owns a boat said that the higher fuel costs are hurting sales. Also, boat traffic is down. People aren't taking them out as often due to the high fuel costs. Lower usage also translates into lower new purchases long term. In fact, it throws more boats on the resale market as people decide it's too expensive to run them.

Wish this weren't the situation, but for the time being that's the way things are.

bbotcs

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