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deal guy

01/05/18 9:25 AM

#48724 RE: DONT SQUEAL #48722

And eureka you have come across our fundamental difference in view. LRS is never going to value ECOS at $200m. The sales and earnings multiple at those prices are nowhere near market.

I have believed for a long time that by the end of 2018, ECOS could be worth $5-10m if they can install a number of new systems and fix their balance sheet.