- New ownership and board (very key) - Possible that they will try and grow vs. history of flat revenues - writeoff of $1.4 million goodwill 4th Q 2006. (Not expecting another, thus forward PE expected) - Low Mkt cap of $10 mil compared to many other food stocks when Net income will come.... expecting mkt cap of $20-$30 mil - down 52% from Year high... History to repeat - 4th Q is season for this company
I think it's a watch/start to accumulate for the next 6 months.... as all bad news may come out with new mgt wanting to start fresh...
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