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Re: doubleg post# 92904

Friday, 06/25/2010 12:46:15 PM

Friday, June 25, 2010 12:46:15 PM

Post# of 111729
Your links are the proof that I am right. Just read them. The first link talks about the sales of foods CONTAINING omega3. Since BEHL will not be selling milk, margarine, eggs, peanut butter or other foods containing omega3 the $7 billion number is misleading. The market is the omega3 oil that goes into those foods - right?

The second link (read it) includes sales of omega3's into baby formula. BEHL is not going into baby formula. Sales of omega3 into baby formula (all Martek) about $400 million. Math 101 ---- $1.3 billion minus $400 million is LESS THAN $1 billion. Agreed? Thanks. Finding links is great - thank you! Reading them is the next step, and understanding them gives you the conclusion. GLTA. Divide $1 billion market by 45 big players plus a little pinky - small revenues, much competition, low margins.