Mr. Edward Aaron This is Me

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1. 1. www.tradeonlytoday.com

   www.tradeonlytoday.com/ME2/dir - [Cached]

   Published on: 7/9/2008   Last Visited: 7/9/2008

   "Demand for new boats is extremely poor," said Ed Aaron, RBC's director of equity research, in the report.
   
   Nearly 35 percent of dealers reported that new boat sales are declining by 30 percent or more, supporting RBC's view that the market was down 25 to 30 percent in the second quarter.The used market is holding up much better in relative terms, according to the investment firm.
   
   "Dealers attribute energy and consumer confidence issues as the primary reasons for the weakness, but also expressed concern over the financing environment," said Aaron.
   
   Inventory is still a problem, he continued.Dealers expressed concern with the overall level and, to a greater extent, the aging of their inventory.Aaron said dealers did not indicate a significant amount of promotional assistance from manufacturers, supporting RBC's view that Brunswick and other manufacturers are adjusting primarily through production.
   
   Also, most dealers are cautious in the short term and are planning to react by significantly reducing orders, lowering prices and cutting expenses.Dealers are uncertain whether the market will recover next spring.
   
   Over the longer term, sentiment towards the business varied widely, according to Aaron.

2. 2. biz.yahoo.com

   biz.yahoo.com/ap/080514/whole_ - [Cached]

   Published on: 5/14/2008   Last Visited: 5/14/2008

   Edward Aaron, an analyst with RBC Capital Markets, called the same-store numbers disappointing and said they seemed to weaken as the past quarter evolved.He said the results confirmed his belief that traffic in the stores has slowed due to the economy.

3. 3. MarineMax

   www.boating-industry.com/outpu - [Cached]

   Published on: 11/3/2006   Last Visited: 12/1/2006

   "Results were disappointing overall, but were not indicative of incremental change," said Edward Aaron, RBC equity research vice president."We knew going into the earnings release that the boating cycle had turned for the worse, and that MarineMax needed to reduce inventory."
   
   The company's inventories did show some improvement, which RBC expects to continue.
   
   "We think the next surprise may be more positive," Aaron said.