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SloJon

12/14/06 2:32 PM

#216840 RE: DownWithPumpers #216834

DWP~Ur expert "forgot" one revenue source...

The pure profit realized from brokering deals...the only overhead incurred is legal documentation and a little vig spread here and there to grease the wheels. Yes, I'm speaking from long experience.
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justfactsplease

12/14/06 2:43 PM

#216849 RE: DownWithPumpers #216834

This is the last time I am going to respond to you "The Bean Counters!" I run companies and you just count beans! During market down turns companies hedge by getting longer terms from suppliers, which are often easy to get or a back log would create an over inventory at the production facilities! The builders are SOMETIMES given longer time to pay their bills, but the real estate is often placed with a second lien, mechanics lien, to protect the suppliers position. With a company that is five years or younger, maybe you and your other bean counters are in the ball park due to unpaid fixed debt, but with a 25 year old company with no debt, you have no clue what their fixed costs are or their terms on payables!! I have many times in the past during down turns in the markets, increased not only profits but increased market share just as Sulja is doing by purchasing the competition! Go count your beans, but don't pretend you know exactly how a 25-year-old company makes and maintains profits! This is the last time I am discussing this with you as your type are a dime a dozen!
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Hockmir

12/14/06 2:57 PM

#216866 RE: DownWithPumpers #216834

DownwithPumpers-

As you may imagine, many of us here who have taken other people's words for their Due Dilligence have been burned. Many times, erudite and rational postings have been made, alleging to convey correct information, and cite credible sources.

Only later, when folks have gotten around to the detailed checking have things been found to be amiss in some way, or sources untraceable or non-existent.

Therefore, I'm sure you will understand that your posting holds no merit until the identity of the analyst is made public and appropriate contact information is provided. I would very much like to confirm the DD you are providing, as it may bear on my future decisions on my handling and disposition of this investment.

As you are the one who has introduced this inforation to the board, it is now your responsibility to provide:

A) The full name and affiliation of the party you are citing

and
B) Address and Phone number so that independent contact may be made to verify all that was presented

Thank you.