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thepennyking

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thepennyking

Re: xxrayeyes post# 11046

Friday, 05/03/2002 2:41:53 PM

Friday, May 03, 2002 2:41:53 PM

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That's why one should never pay more than 3x book value for any stock, regardless of past or projected earnings. Earnings can always be restated and projections can always not materialize for whatever reasons.

Penny King Holdings Corporation, a Delaware Investment Holding Company.

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