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Re: MasterPicker1 post# 18580

Monday, 08/08/2005 9:00:57 AM

Monday, August 08, 2005 9:00:57 AM

Post# of 173790
MVCO News of Ready Mix IPO will

be the second of the one two punch for Meadow Valley. Backlog still looks great and the Gooseberry dam loses are in the rear view mirror. Study the IPO #'s and you will find around $8 per share for Meadow Vally alone, then figure $1 per year earnings and give it a P/E of 10. This is easily an $18 stock. Give it a P/E of 12-15 and it's in the 20's.

Thanks Harry for bringing this to us in the $4's!

Also happy with USAP, another Hweb sleeper!

Kipp

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