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Re: sackmeister post# 13085

Monday, 12/04/2006 3:26:33 PM

Monday, December 04, 2006 3:26:33 PM

Post# of 63795
I know. My point was that BBDS's product isn't as good, their process isn't as efficient, their cost is three times that of USSE (not counting the gas, fertilizer, etc.), they went public two months ago and have been in production for less than 6 months. Still, the market values them at $8. If you divide our O/S by theirs, I think you get a ratio of approx. 15. $8/15 => $0.53. (Somebody please check my math.)

USSE ought to be higher than that.

Dino