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Re: None

Friday, 04/15/2005 3:04:45 PM

Friday, April 15, 2005 3:04:45 PM

Post# of 249371
Details of Dutton & Associates research

http://www.jmdutton.com/About/AboutUs.html

What goes into the initial report - this should provide the "visibility" we are looking for .... "earning model"

"Initial Report: The initial, institutional type report contains our own earnings model that is constructed from our own research. This model, together with a share valuation model, which the analyst constructs, provides the basis for our 6 - 12 month price target and investment recommendation."

FlyFisher



There is no substitute for conducting your own research, make your own decisions with your money.

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