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Re: SSKILLZ1 post# 562

Monday, 11/16/2009 1:26:49 PM

Monday, November 16, 2009 1:26:49 PM

Post# of 607
I disagree with that multiple range. I'd give it 10-12.

Also, while overall revenue hasn't grown in 2009 that was never expected as they cut low margin lines. Their revenue for gun cleaning and gun safety products which is the lions share of their revenue is growing.

Finally, there is this statement in the press release today: "The Company has introduced a new line of Winchester gun cleaning kits into Wal-Mart in 2009 and looks forward to expanding its Winchester products in both Wal-Mart and other retailers in 2010." That sounds like growth in 2010 to me.

Mike

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