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Friday, 01/18/2008 12:52:41 PM

Friday, January 18, 2008 12:52:41 PM

Post# of 3010
I'm long on this stock, but I have to agree that the paid pumping always raises a lot of questions. They're also sending out pumps by fax, which is ridiculous. They're possibly trying to up their cap to meet a real exchange requirement.

I've sent emails to both CNOA management as well Trilogy and never gotten a response.

However, I'm having trouble looking past how fast this company is growing, how much they're profiting and how much cash they have on hand. Seems ridiculously cheap to me.

The P/E is somewhere around 5 or 6. The PEG is ridiculous. If they get a deal with a company like Trader Joes in the states forget about it.

How much organic rice can they currently produce with their current real estate?

'Goose

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