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Re: was hotlinktuna post# 283187

Thursday, 08/12/2004 9:24:48 PM

Thursday, August 12, 2004 9:24:48 PM

Post# of 704048
Tuna, re IIIN, finally got to read their last quarterly report. The big push was not from increased volume (actually down 6% YOY), but from a huge increase in ASP, no less than 73%. They attributed this to special market conditions and do not expect that to continue. As I suggested earlier, if construction slows down, these huge profit margins may evaporate in thin air. I am staying away from that one, good luck.

AZH

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