Replies to post #64640 on Savvy Trades and Investments

[Mermelstein]

FRAN - how bad are you stuck on this thing? Who cares how a company is making money? If they have to reduce expenses to do it, so be it. Obviously, the market is not going to pay 50x earnings for it. But they just earned 0.60 eps and have further cost reductions on the way. Not unrealistic that they could earn $2-3 a year in eps.