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Ronald Muhlenkamp Buys The Boeing Company, Corning Inc., Kinetic Concepts Inc., Sells YRC Worldwide Inc., Chaparral Steel Company, Eagle Materials Inc.

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Ronald Muhlenkamp's starting point for researching a stock is its p/e ratio is lower than the percentage of return on equity. His fund gained 13.79% a year during the past 15 years. His recent performances have been hurt by the housing slowdown. These are his buys and sells during the third quarter.

Ronald Muhlenkamp buys The Boeing Company, Corning Inc., Kinetic Concepts Inc., The Goodyear Tire & Rubber Company, Amedisys Inc, Innovative Solutions and Support Inc., Lowe's Companies Inc., sells YRC Worldwide Inc., Chaparral Steel Company, Eagle Materials Inc., PattersonUTI Energy Inc., Kraft Foods Inc., Meritage Homes Corp., OpenTV Corp., Polaris Industries Inc., RTI International Metals Inc., Black & Decker Corp. The, Toll Brothers Inc., Alaska Air Group Inc. during the 3-months ended 09/30/2007, according to the most recent filings of his investment company, Muhlenkamp Fund. Ronald Muhlenkamp owns 65 stocks with a total value of $2.3 billion. These are the details of the buys and sells.

Added: Cisco Systems Inc. (CSCO)

Ronald Muhlenkamp added to his holdings in Telecom Equipment company Cisco Systems Inc. by 238.77%. His purchase prices were between $28.47 and $33.13, with an estimated average price of $30.7. The impact to his portfolio due to this purchase was 3.14%. His holdings were 3,132,647 shares as of 09/30/2007.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol-based networking and other products relating to the communications and information technology industry worldwide. Cisco Systems Inc. has a market cap of $182.36 billion; its shares were traded at around $29.3 with P/E ratio of 23.78 and P/S ratio of 4.92.

Added: American International Group Inc. (AIG)

Ronald Muhlenkamp added to his holdings in Full Line Insurance company American International Group Inc. by 9.6%. His purchase prices were between $61.45 and $69.87, with an estimated average price of $66.3. The impact to his portfolio due to this purchase was 0.35%. His holdings were 1,390,563 shares as of 09/30/2007.

American International Group, Inc., through its subsidiaries, provides insurance and financial services in the United States and internationally. It operates in four segments: General Insurance, Life Insurance and Retirement Services, etc. American International Group Inc. has a market cap of $143.15 billion; its shares were traded at around $56.95 with P/E ratio of 9.85 and P/S ratio of 1.19. The dividend yield of American International Group Inc. stocks is 1.4%.

Added: WESCO International Inc. (WCC)

Ronald Muhlenkamp added to his holdings in Business Support Services company WESCO International Inc. by 20.03%. His purchase prices were between $42.4 and $63.21, with an estimated average price of $50.1. The impact to his portfolio due to this purchase was 0.19%. His holdings were 600,400 shares as of 09/30/2007.

WESCO International, Inc., through its subsidiaries, distributes electrical supplies and equipment. Its products include electrical supplies, such as wiring devices, fuses, terminals, connectors, boxes, enclosures, fittings, lugs, terminations, etc. WESCO International Inc. has a market cap of $1.85 billion; its shares were traded at around $42.94 with P/E ratio of 8.86 and P/S ratio of 0.32.

Added: Devon Energy Corp. (DVN)

Ronald Muhlenkamp added to his holdings in Exploration & Production company Devon Energy Corp. by 1.83%. His purchase prices were between $74.46 and $84.83, with an estimated average price of $78.4. The impact to his portfolio due to this purchase was 0.1%. His holdings were 1,572,500 shares as of 09/30/2007.

Devon Energy Corporation and its subsidiaries primarily engage in oil and gas exploration, development, and production; the transportation of oil, gas, and natural gas liquids; and the processing of natural gas. Devon Energy Corp. has a market cap of $38.36 billion; its shares were traded at around $85 with P/E ratio of 13.56 and P/S ratio of 3.32. The dividend yield of Devon Energy Corp. stocks is 0.6%.

Added: Burlington Northern Santa Fe Corp. (BNI)

Ronald Muhlenkamp added to his holdings in Railroads company Burlington Northern Santa Fe Corp. by 21.17%. His purchase prices were between $78.79 and $90.01, with an estimated average price of $82.5. The impact to his portfolio due to this purchase was 0.01%. His holdings were 9,015 shares as of 09/30/2007. Burlington Northern Santa Fe Corp. has a market cap of $30.09 billion; its shares were traded at around $85.73 with P/E ratio of 16.97 and P/S ratio of 1.95. The dividend yield of Burlington Northern Santa Fe Corp. stocks is 1.5%.

New Purchase: The Boeing Company (BA)

Ronald Muhlenkamp initiated holdings in Aerospace company The Boeing Company. His purchase prices were between $94.5 and $104.61, with an estimated average price of $99.8. The impact to his portfolio due to this purchase was 2.18%. His holdings were 484,165 shares as of 09/30/2007.

The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, and human space flight and launch systems and services. The Boeing Company has a market cap of $69.75 billion; its shares were traded at around $91.34 with P/E ratio of 17.29 and P/S ratio of 1.07. The dividend yield of The Boeing Company stocks is 1.5%.

New Purchase: Corning Inc. (GLW)

Ronald Muhlenkamp initiated holdings in Telecom Equipment company Corning Inc.. His purchase prices were between $22.9 and $26.93, with an estimated average price of $24.3. The impact to his portfolio due to this purchase was 2.15%. His holdings were 2,030,295 shares as of 09/30/2007.

Corning Incorporated provides technology-based products in the United States. It operates in four segments: Display Technologies, Telecommunications, Environmental Technologies, and Life Sciences. Corning Inc. has a market cap of $36.78 billion; its shares were traded at around $23.55 with P/E ratio of 17.97 and P/S ratio of 6.57. The dividend yield of Corning Inc. stocks is 0.9%.

New Purchase: Kinetic Concepts Inc. (KCI)

Ronald Muhlenkamp initiated holdings in Medical Equipment company Kinetic Concepts Inc.. His purchase prices were between $54.28 and $64.98, with an estimated average price of $59.1. The impact to his portfolio due to this purchase was 1.08%. His holdings were 446,820 shares as of 09/30/2007.

Kinetic Concepts, Inc. engages in the design, manufacture, marketing, and service of wound care and therapeutic products in the United States and internationally. Kinetic Concepts Inc. has a market cap of $4.3 billion; its shares were traded at around $59.9 with P/E ratio of 19.16 and P/S ratio of 2.79.

New Purchase: The Goodyear Tire & Rubber Company (GT)

Ronald Muhlenkamp initiated holdings in Tires company The Goodyear Tire & Rubber Company. His purchase prices were between $25.52 and $36.57, with an estimated average price of $30. The impact to his portfolio due to this purchase was 1.05%. His holdings were 806,755 shares as of 09/30/2007.

The Goodyear Tire & Rubber Company, together with its subsidiaries, engages in the development, manufacture, distribution, and sale of tires and related products worldwide. The Goodyear Tire & Rubber Company has a market cap of $5.75 billion; its shares were traded at around $26.84 with P/E ratio of 28.85 and P/S ratio of 0.27.

New Purchase: Amedisys Inc (AMED)

Ronald Muhlenkamp initiated holdings in Health Care Providers company Amedisys Inc. His purchase prices were between $35.6 and $39.8, with an estimated average price of $38.1. The impact to his portfolio due to this purchase was 0.55%. His holdings were 335,690 shares as of 09/30/2007.

Amedisys, Inc. provides home health and hospice services in the United States. Its home health services include nursing services, such as infusion therapy, skilled monitoring, assessments, and patient education; practical nursing services. Amedisys Inc has a market cap of $1.14 billion; its shares were traded at around $43.34 with P/E ratio of 18.61 and P/S ratio of 1.75.

New Purchase: Innovative Solutions and Support Inc. (ISSC)

Ronald Muhlenkamp initiated holdings in Aerospace company Innovative Solutions and Support Inc.. His purchase prices were between $15.58 and $23.8, with an estimated average price of $18.8. The impact to his portfolio due to this purchase was 0.4%. His holdings were 486,600 shares as of 09/30/2007.

Innovative Solutions and Support, Inc. designs, manufactures, and sells flat panel display systems, flight information computers, and advanced monitoring systems to the Department of Defense, government agencies, defense contractors, etc. Innovative Solutions and Support Inc. has a market cap of $256.54 million; its shares were traded at around $15.22 with P/S ratio of 14.43.

New Purchase: Lowe's Companies Inc. (LOW)

Ronald Muhlenkamp initiated holdings in Specialty Retailers company Lowe's Companies Inc.. His purchase prices were between $26.79 and $30.97, with an estimated average price of $29.2. The impact to his portfolio due to this purchase was 0.01%. His holdings were 7,420 shares as of 09/30/2007.

Lowe's Companies, Inc. and its subsidiaries operate as a home improvement retailer in the United States and Canada. The company offers a range of products and services for home decoration, maintenance, repair, remodeling, and property maintenance. Lowe's Companies Inc. has a market cap of $36.98 billion; its shares were traded at around $25.05 with P/E ratio of 12.47 and P/S ratio of 0.77. The dividend yield of Lowe's Companies Inc. stocks is 1.3%.

Reduced: ConocoPhillips (COP)

Ronald Muhlenkamp reduced to his holdings in Integrated Oil & Gas company ConocoPhillips by 31.76%. His sale prices were between $77.21 and $89.28, with an estimated average price of $82.5. The impact to his portfolio due to this sale was 3.86%. Ronald Muhlenkamp still held 1,347,089 shares as of 09/30/2007.

ConocoPhillips operates as an integrated energy company worldwide. It operates through six segments: Exploration and Production, Midstream, Refining and Marketing, LUKOIL Investment, Chemicals, and Emerging Businesses. ConocoPhillips has a market cap of $126.25 billion; its shares were traded at around $78.04 with P/E ratio of 12.24 and P/S ratio of 0.78. The dividend yield of ConocoPhillips stocks is 2%.

Reduced: Merrill Lynch & Co. Inc. (MER)

Ronald Muhlenkamp reduced to his holdings in Investment Services company Merrill Lynch & Co. Inc. by 22.05%. His sale prices were between $69.68 and $85.67, with an estimated average price of $75.7. The impact to his portfolio due to this sale was 2.83%. Ronald Muhlenkamp still held 1,126,382 shares as of 09/30/2007.

Merrill Lynch & Co., Inc., together with its subsidiaries, provides broker-dealer, investment banking, financing, wealth management, advisory, asset management, insurance, lending, and related products and services worldwide. Merrill Lynch & Co. Inc. has a market cap of $48.03 billion; its shares were traded at around $57.3 with P/E ratio of 12.49 and P/S ratio of 1.70. The dividend yield of Merrill Lynch & Co. Inc. stocks is 2.6%.

Reduced: NVR Inc (NVR)

Ronald Muhlenkamp reduced to his holdings in Home Construction company NVR Inc by 51.11%. His sale prices were between $470.25 and $718, with an estimated average price of $577.1. The impact to his portfolio due to this sale was 0.67%. Ronald Muhlenkamp still held 50,100 shares as of 09/30/2007.

NVR, Inc. operates as a homebuilder in the United States. The company engages in the construction and sale of single-family detached homes, town homes, and condominium buildings under Ryan Homes, NVHomes, Fox Ridge Homes, and Rymarc Homes etc. NVR Inc has a market cap of $2.43 billion; its shares were traded at around $492.05 with P/E ratio of 7.50 and P/S ratio of 0.47.

Reduced: Fidelity National Financial Inc. (FNF)

Ronald Muhlenkamp reduced to his holdings in Home Construction company Fidelity National Financial Inc. by 37.31%. His sale prices were between $16.73 and $23.46, with an estimated average price of $19.6. The impact to his portfolio due to this sale was 0.61%. Ronald Muhlenkamp still held 1,119,960 shares as of 09/30/2007.

Fidelity National Financial, Inc., through its subsidiaries, offers title insurance, specialty insurance, and claims management services in the United States. Fidelity National Financial Inc. has a market cap of $3.2 billion; its shares were traded at around $14.78 with P/E ratio of 13.20 and P/S ratio of 0.53. The dividend yield of Fidelity National Financial Inc. stocks is 8.4%.

Reduced: Capital One Financial Corp. (COF)

Ronald Muhlenkamp reduced to his holdings in Consumer Finance company Capital One Financial Corp. by 76.38%. His sale prices were between $62.67 and $78.54, with an estimated average price of $69.6. The impact to his portfolio due to this sale was 0.45%. Ronald Muhlenkamp still held 281,616 shares as of 09/30/2007.

Capital One Financial Corporation operates as the holding company for the Capital One Bank and Capital One, F.S.B, which offer various commercial banking services in the United States. Capital One Financial Corp. has a market cap of $22.2 billion; its shares were traded at around $52.79 with P/E ratio of 11.79 and P/S ratio of 1.86. The dividend yield of Capital One Financial Corp. stocks is 0.2%.

Reduced: Winnebago Industries Inc. (WGO)

Ronald Muhlenkamp reduced to his holdings in Recreational Products company Winnebago Industries Inc. by 30.54%. His sale prices were between $23.88 and $30.67, with an estimated average price of $27.2. The impact to his portfolio due to this sale was 0.44%. Ronald Muhlenkamp still held 551,310 shares as of 09/30/2007.

Winnebago Industries, Inc. manufactures motor homes, which are self-contained recreation vehicles used primarily in leisure travel and outdoor recreation activities. Winnebago Industries Inc. has a market cap of $692.43 million; its shares were traded at around $24.03 with P/E ratio of 17.71 and P/S ratio of 0.82. The dividend yield of Winnebago Industries Inc. stocks is 2%.

Reduced: The Home Depot Inc. (HD)

Ronald Muhlenkamp reduced to his holdings in Specialty Retailers company The Home Depot Inc. by 31.33%. His sale prices were between $32.44 and $40.61, with an estimated average price of $36.2. The impact to his portfolio due to this sale was 0.25%. Ronald Muhlenkamp still held 236,691 shares as of 09/30/2007. The Home Depot Inc. has a market cap of $57.5 billion; its shares were traded at around $28.98 with P/E ratio of 11.50 and P/S ratio of 0.64. The dividend yield of The Home Depot Inc. stocks is 3.2%.

Reduced: National R.V. Holdings Inc. (NVH)

Ronald Muhlenkamp reduced to his holdings in Recreational Products company National R.V. Holdings Inc. by 48.77%. His sale prices were between $0.44 and $1.78, with an estimated average price of $1.1. The impact to his portfolio due to this sale was less than 0.01%. Ronald Muhlenkamp still held 218,970 shares as of 09/30/2007.

National R.V. Holdings, Inc., through its wholly-owned subsidiary, National RV, Inc., engages in the design, manufacture, and marketing of motorized recreational vehicles or motorhomes in the United States. National R.V. Holdings Inc. has a market cap of $ million; its shares were traded at around $0.44 .

Sold Out: Chaparral Steel Company (CHAP)

Ronald Muhlenkamp sold out his holdings in Steel company Chaparral Steel Company. His sale prices were between $75.63 and $85.91, with an estimated average price of $83.9. The impact to his portfolio due to this sale was less than 0.01%. Its shares were traded at around $85.91 . The dividend yield of Chaparral Steel Company stocks is 0.5%.

Sold Out: Alaska Air Group Inc. (ALK)

Ronald Muhlenkamp sold out his holdings in Airlines company Alaska Air Group Inc.. His sale prices were between $23.09 and $29.08, with an estimated average price of $25.1. The impact to his portfolio due to this sale was less than 0.01%.

Alaska Air Group, Inc., through its subsidiaries, Alaska Airlines, Inc. and Horizon Air Industries, Inc., operates as an airline company serving destinations in the western United States, Canada, and Mexico. Alaska Air Group Inc. has a market cap of $958.60 million; its shares were traded at around $24.16 with P/E ratio of 8.81 and P/S ratio of 0.28.

Sold Out: Eagle Materials Inc. (EXP)

Ronald Muhlenkamp sold out his holdings in Building Materials & Fixtures company Eagle Materials Inc.. His sale prices were between $35.55 and $50.68, with an estimated average price of $41.1. The impact to his portfolio due to this sale was less than 0.01%.

Eagle Materials, Inc., together with its subsidiaries, engages in the manufacture, distribution, and sale of gypsum wallboard and cement primarily in the United States. Eagle Materials Inc. has a market cap of $1.63 billion; its shares were traded at around $37.75 with P/E ratio of 11.87 and P/S ratio of 1.98. The dividend yield of Eagle Materials Inc. stocks is 2.1%.

Sold Out: PattersonUTI Energy Inc. (PTEN)

Ronald Muhlenkamp sold out his holdings in Oil Equipment & Services company PattersonUTI Energy Inc.. His sale prices were between $21.35 and $25.6, with an estimated average price of $22.9. The impact to his portfolio due to this sale was less than 0.01%.

Patterson-UTI Energy, Inc., together with its subsidiaries, provides onshore contract drilling services to independent oil and natural gas operators in North America. PattersonUTI Energy Inc. has a market cap of $3.1 billion; its shares were traded at around $20.22 with P/E ratio of 6.20 and P/S ratio of 1.40. The dividend yield of PattersonUTI Energy Inc. stocks is 2.3%.

Sold Out: Kraft Foods Inc. (KFT)

Ronald Muhlenkamp sold out his holdings in Food Products company Kraft Foods Inc.. His sale prices were between $31.05 and $35.59, with an estimated average price of $33.3. The impact to his portfolio due to this sale was less than 0.01%.

Kraft Foods, Inc., through its subsidiaries, engages in the manufacture and sale of packaged foods and beverages in the United States, Canada, Europe, Latin America, Asia Pacific, Africa, and the Middle East. Kraft Foods Inc. has a market cap of $50.3 billion; its shares were traded at around $32.37 with P/E ratio of 20.01 and P/S ratio of 1.38. The dividend yield of Kraft Foods Inc. stocks is 3.3%.

Sold Out: Meritage Homes Corp. (MTH)

Ronald Muhlenkamp sold out his holdings in Home Construction company Meritage Homes Corp.. His sale prices were between $14.12 and $26.73, with an estimated average price of $19.6. The impact to his portfolio due to this sale was less than 0.01%.

Meritage Homes Corporation engages in the design and building of single-family attached and detached homes in the southern and western United States. The company offers homes for a range of homebuyers, including first-time, move-up, luxury, etc. Meritage Homes Corp. has a market cap of $392.42 million; its shares were traded at around $14.59 with P/S ratio of 0.15.

Sold Out: OpenTV Corp. (OPTV)

Ronald Muhlenkamp sold out his holdings in Software company OpenTV Corp.. His sale prices were between $1.3 and $2.18, with an estimated average price of $1.7. The impact to his portfolio due to this sale was less than 0.01%.

OpenTV Corp. provides software, content and applications, and professional services for digital and interactive television worldwide. It licenses middleware solutions and integrated technologies, which consist of OpenTV Core Middleware etc. OpenTV Corp. has a market cap of $145.38 million; its shares were traded at around $1.05 with P/S ratio of 1.42.

Sold Out: Polaris Industries Inc. (PII)

Ronald Muhlenkamp sold out his holdings in Recreational Products company Polaris Industries Inc.. His sale prices were between $43.29 and $55.06, with an estimated average price of $48.1. The impact to his portfolio due to this sale was less than 0.01%.

Polaris Industries, Inc. engages in the design, engineering, and manufacture of all terrain vehicles (ATV), snowmobiles, and motorcycles in the United States, Canada and Europe. Polaris Industries Inc. has a market cap of $1.63 billion; its shares were traded at around $47.38 with P/E ratio of 16.33 and P/S ratio of 0.95. The dividend yield of Polaris Industries Inc. stocks is 2.9%.

Sold Out: RTI International Metals Inc. (RTI)

Ronald Muhlenkamp sold out his holdings in Nonferrous Metals company RTI International Metals Inc.. His sale prices were between $66.06 and $86.55, with an estimated average price of $74.2. The impact to his portfolio due to this sale was less than 0.01%.

RTI International Metals, Inc. engages in the manufacture and sale of titanium mill products and fabricated metal components worldwide. It operates through two segments, Titanium, and Fabrication and Distribution. RTI International Metals Inc. has a market cap of $1.62 billion; its shares were traded at around $70.22 with P/E ratio of 17.23 and P/S ratio of 2.67.

Sold Out: Black & Decker Corp. The (BDK)

Ronald Muhlenkamp sold out his holdings in Durable Household Products company Black & Decker Corp. The. His sale prices were between $81.94 and $94.72, with an estimated average price of $87. The impact to his portfolio due to this sale was less than 0.01%.

The Black & Decker Corporation manufactures and markets power tools and accessories, hardware and home improvement products, and technology-based fastening systems worldwide. Black & Decker Corp. The has a market cap of $5.29 billion; its shares were traded at around $84.75 with P/E ratio of 13.39 and P/S ratio of 0.81. The dividend yield of Black & Decker Corp. The stocks is 2%.

Sold Out: Toll Brothers Inc. (TOL)

Ronald Muhlenkamp sold out his holdings in Home Construction company Toll Brothers Inc.. His sale prices were between $19.99 and $26.44, with an estimated average price of $22.7. The impact to his portfolio due to this sale was less than 0.01%.

Toll Brothers, Inc. engages in the development, construction, and sale of residential homes. It designs, builds, markets, and arranges finance for single-family detached and attached homes in luxury residential communities. Toll Brothers Inc. has a market cap of $3.33 billion; its shares were traded at around $21.49 with P/E ratio of 11.95 and P/S ratio of 0.64.

Sold Out: YRC Worldwide Inc. (YRCW)

Ronald Muhlenkamp sold out his holdings in Trucking company YRC Worldwide Inc.. His sale prices were between $27.32 and $38, with an estimated average price of $31.9. The impact to his portfolio due to this sale was less than 0.01%.

YRC Worldwide, Inc., through its subsidiaries, provides transportation services for the shipment of industrial, commercial, and retail goods in the United States and internationally. YRC Worldwide Inc. has a market cap of $996.16 million; its shares were traded at around $20.11 with P/E ratio of 7.08 and P/S ratio of 0.12.


Rating: 2.6/5 (23 votes)

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