Replies to post #45 on Educational Development Corporation (EDUC)

[wadirum1]

We would like to have 8%, 9%, 10% pretax, we're not happy right now. But we feel like things that we have implemented that the profitability will come back. The improved margins and the efficiencies we think will restore our growth, our profitability so that the profits grow with sales. And that has been our challenge.

So, good point. I guess my 7% (which was lower than their target) was a pretax number. So, the P/E ratios are crazy low, but not insanely low. ;-)