Oshkosh Truck Corp (OSK)

F4Phanatic (47.54) Submitted: 8/29/06 11:15 PM : Start Price: $47.73 OSK Score: -49.64

I had the pleasure of driving Oshkosh trucks during my stint in the U.S. Marine Corps. Despite all the abuse we heaped on them they never stopped running. Those trucks were bulletproof, just like the company. OSK earnings are driven by the North American specialty truck market which at the moment is strong. Expect a benefit from additional defense spending. The company has a successful track record of acquisitions. The latest acquisitions for Oshkosh were,

AK Specialty Vehicles, purchased from Healthtronics on July 31, 2006 for an all cash transaction of $140 million.

Iowa Mold Tooling Co. on August 14, 2006 for an all cash basis of $131 million.

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