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Re: DewDiligence post# 4449

Friday, 03/02/2012 1:57:43 PM

Friday, March 02, 2012 1:57:43 PM

Post# of 29295
I added a little more color. My coworker owns a lot of DE stock, his brother is a very wealthy individual. His plan was to retire after the last plant expansion and the rollout of the new combines last summer, as they needed him.

He's still there and has promised his wife that he'll retire when this expansion is complete. My coworker, his brother doesn't believe him. He's supposedly wealthy enough that is working on the trust funds for his grandchildren. The entire family is a example of an American Success story. Three brothers who grew up on a dairy farm in the midwest with no indoor plumbing btw until the 60s, one brother stayed on the farm, one had his own dairy farm and quit due to health problems forced him out of the fields and he went to college in his 30s to become an accountant, and this guy who went to college, got a job as a engineer and through lots of hard work worked his way up the engineering side and now runs the plant.

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