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Re: joelotto post# 216198

Wednesday, 12/13/2006 11:29:46 PM

Wednesday, December 13, 2006 11:29:46 PM

Post# of 311080
$1 million (Canadian) sales per month is actually pretty good for a local lumber operation. A 15% net profit seems a little high, but might be possible.

Don't forget to deduct income taxes from the profit before you use a cap rate or P/E ratio to estimate the stock's value.

Current stock price might be just about right if not for the potential legal exposure from securities fraud.
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