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Re: cartonet post# 11723

Tuesday, 05/17/2005 8:51:41 AM

Tuesday, May 17, 2005 8:51:41 AM

Post# of 174878
cartonet...scared me with the gfrp.ob price quote. I used to own it in 2003 as lrdi.ob. Couldn't believe the price had gone up that much until I noticed 30/1 stock split in 2004.

I sold stock when VP left and retail product didn't work. This is a pretty small contract manufacturer. Never did disclose how he paid off his former partner when she left the company. I notice he is loaning company personal money in addition to bank line of credit.

He is pretty conservative financially. Did make a profit but only $29K on 1.37 million if you take out $110K currency exchange. That's about .03eps vs .80 stock price. Low p/e but not much margin for error. Good luck, cartonet. Haven't heard from you much. Hope things are going well for you. Bobwins

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

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