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Tuesday, 05/12/2015 11:28:45 AM

Tuesday, May 12, 2015 11:28:45 AM

Post# of 20265
ECOB moving higher bearing new regulations

As I said in previous posts I am an Architect that met Steve Conboy at a convention a few weeks ago.

There are a lot of new building code regulations that are coming out of the darkness in regards to engineered lumber and fire protection. The new engineered wood products are excellent for long spans and builders and architects alike are loving these products. However there have been a lot of really fast collapses in fires because these products have glue and really small amounts of actual wood. Eventually building departments nationwide are going to start requiring fire protectant coating on this lumber....Which ECOB happens to be the main supplier of at the moment....

Take a look at what happened to Simpson Strong Tie when hurricane and wind fasteners started to be required by building departments. Open your eyes people, the finances of ECOB are not the best but I can tell you this... They are a fully operating company with a lot of real estate, employees and products both in stock and for sale. Compare that alone to any other stock trading at these prices. ECOB should be trading at $15 per share for what they are worth.

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