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Tuesday, May 03, 2005 3:08:48 PM
Longterm I am a fundamental guy. Reporting makes fundamentals more trust-worthy on a relative basis.
Either this is a good company or an incompetent company or a fraudalent company. If anyone can add knowledge to their being incompetent or fraudalent, then the price drop will be understandable. I don't think anyone right now can make a good case for fraud.
The price was never too high if the earnings estimates are accurate.
If also they really made .03, then that supports belief in the acquisition and the estimates. I would argue a report on .03 reviewed by a good auditor would be great.
sam
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