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Wales Walker

10/17/06 9:57 AM

#274 RE: TheTHEORYofETHER #273

I agree, Ether, but somebody who is selling obviously doesn't.
Right now I am gettin my a.. handed to me on this one, and in hindsight (alwasy 20/20) should have kept some powder dry just in case this situation came along. But as we have said in the past, with only a mil. in the float, and the real float (ex family and friends) at only about half that, this puppy is going to be volatile to the extreme. I'm ready for a little of that volatility on the upside. Still like the fundamental story: earnings leverage in what I see are several good sectors (education and health issues), strong balance sheet (only debt is held by the CEO), and $10 million commitment by the Magellon Global Fund for expansion.