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Re: Drexion2004 post# 12018

Tuesday, 11/17/2009 9:30:59 AM

Tuesday, November 17, 2009 9:30:59 AM

Post# of 94785
TMI: "being conservative". That's the equivalent of whispering sweet nothings into my ear. I love it! Company books 83% increase in earnings and 65% increase in revenues. I was actually at first skeptical of their growth objective, but less so now after seeing their ability to expand between 2Q to 3Q. I think that 32k of buses is a possibility now. Hitting the earn outs to get those additional shares, however could be interesting. That 2010 hurdle is HUGE.

Goldman or any other investment bank buying into TMI provides me little comfort. Makes me believe they are up to something, either to help their clients or to do some arbitrage.

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