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Re: Tim Lamb post# 96990

Saturday, 04/12/2003 11:03:21 AM

Saturday, April 12, 2003 11:03:21 AM

Post# of 704041
Yes, you are reading that one right, and HAUP' quarterly sales have finally gone well above the $12 MM which is where earning could start and go up more rapidly and margins expand. They have been buying their shares in the last few quarter, well under book. That is a rational action (not buying shares at 10 times book as many other companies do...) and has actually reduced the number of shares outstanding. think the management is honest and works hard, one of the better orphans...

Zeev

AZH

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