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Re: yellowjacket post# 89015

Wednesday, 09/13/2006 1:29:37 PM

Wednesday, September 13, 2006 1:29:37 PM

Post# of 326434
YJ, yeah, eekaross pointed out my mental math error LOL

So, even at boring foamed plastics company net margins of 3% (with their cost of materials going through the roof lately with petrochemical prices going up) NEOM would need what, $666,666,666.00 in revenues?

What's a lousy 2/3 of a billion bucks?

Net margins in this business should be much higher than 3%, right? Any ideas? 50 P/E sound about right? Higher? Lower?

jonesie

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