SOURCE: Knobias, Inc.

August 28, 2006 10:30 ET

Eastbound and Down, CMT and Heavy-Duty Trucking

RIDGELAND, MS -- (MARKET WIRE) -- August 28, 2006 -- Fiber reinforced plastic producer Core Molding Technologies, Inc. (AMEX: CMT) has been chosen for this week's "SPOT Feature" in the Knobias Small-Cap ClipReport. Each week, Knobias scours the small-cap universe to find overlooked companies with sound fundamentals and one or more growth catalysts on the horizon. The weekly "SPOT" feature may be accessed via our daily ClipReport newsletter (free to all subscribers). To receive the Small-Cap ClipReport daily, please visit:

Eastbound and Down, CMT and Heavy-Duty Trucking

Core Molding Technologies, Inc. (AMEX: CMT) produces high quality fiber reinforced plastic (FRP) molded products and sheet molding composites (SMC) for varied markets such as truck, bus and automotive plants in the transportation industry, personal watercraft and other marine applications, telecommunications equipment, recreation, automotive aftermarket accessories, cooling tower products and many other commercial applications. CMT operates four production facilities in Ohio, S. Carolina and Mexico.

The BULLS Say...

Heavy-Duty Truck Supplier Lags Hot Market. While U.S. automakers suffer, medium-heavy-duty truck demand has been hot. CMT has been a profitable supplier of fiberglass reinforced plastics to the trucking industry since 2002 and the numbers just keep getting better. CMT derives over 80% of its revenue from 3 of the largest truck makers in the world: International (unit of Navistar Int'l-NAV), PACCAR, Inc. (PCAR) and Freightliner (unit of DaimlerChrysler-DCX). These customers have experienced renewed demand and CMT is growing a relationship with PCAR after acquiring Cincinnati Glass in Aug-05. The sector is lagging in valuation with CMT lagging the laggards. Contract extensions, new programs, positive customer-reported trends and more fuel efficient, hybrid-hydraulic trucks on the horizon have CMT "trucking" and its stock price "trailing."

The BEARS Say...

International, Yamaha and Summer. CMT is negotiating an extension of their long-time agreement with International. The agreement expires Oct 31 and CMT can't afford to lose any of their business. International represents nearly 50% of CMT's revenue. CMT is already losing business from Yahama, who is diversifying suppliers. Also, beware of Q3, a seasonally soft quarter due to customer vacation shutdowns.

About the Small-Cap ClipReport

Most small-cap newsletters just tout stocks. Instead, the ClipReport provides a comprehensive, journalistic view of each day's small-cap action. This nightly, 10-page PDF email consolidates actionable information and analysis covering the world of stocks below a $500 million marketcap threshold. Starting with "Page One," Knobias breaks down one of the week's most interesting topics in the small-cap universe. The remaining 9 pages provide users with each day's top stories, news movers, strong closers, after-hours events, earnings, corporate actions, PIPE deals, Reg SHO stocks and symbol/name changes. The ClipReport is a daily "must-read" for every small- and micro-cap investor.

About the Weekly SPOT

Each week, Knobias scours the small-cap universe to find overlooked companies with sound fundamentals and one or more growth catalyst on the horizon. This search typically features a small-cap stock exhibiting strong growth while undervalued relative to public peers. SPOT selections tend to be "under-priced" due to lack of coverage or a failure for the marketplace to fully understand "the story." SPOT companies must meet the same basic criteria as our Small-Cap ClipReport, i.e. under $500M marketcap...banks, ETFs, funds and utilities are excluded. Furthermore, SPOT selections must be fundamentally sound with growth, profitability (or near) and clear prospects for price appreciation. Knobias is never compensated for SPOT selections, and NO position will be held in SPOT stocks by Knobias, its management or staff while the stock is being highlighted.

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About Knobias, Inc.

Knobias, Inc. (OTCBB: KNBS), pronounced "no-b-s," provides a wide range of financial information solutions for all sides of the U.S. stock market. Knobias combines proprietary content & technology into efficient platforms for the consolidation, distribution & targeted presentation of investment decision information for customers & affiliates. Knobias platforms provide news, filings, fundamentals, transaction databases, calendars, research, tools & analysis for all U.S. equities with a special emphasis on small-caps. Knobias customers include retail investors, day-traders, buy-side & sell-side professionals, public issuers, financial websites & financial content providers. For more information about Knobias, Inc. products, please visit


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Contact Information

  • Company Contacts:

    Key Ramsey
    Knobias, Inc.

    Marla Breland
    Knobias, Inc.
    601-978-3399 ext 155