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lastchoice

06/13/07 9:33 AM

#184328 RE: JimLur #184327

LOL, senior tour is calling!
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Danny Detail

06/13/07 12:21 PM

#184339 RE: JimLur #184327

Jim .. LOL! eom
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plfminthemiddle

06/13/07 11:35 PM

#184362 RE: JimLur #184327

jimlur

I wanted to get your take on this post by someone on yahoo board .. Using Buffet's/Graham's ((Net Income + Depreciation - Capt Expendures) Divided by 30 yr Treasury) Divided by # of shares outstanding:

Using the most recent quarters,

$230M (Net Income) + 16M (Depr) - 15M (Capt. Expenditures) / 5.5% / 47M Shares = $89.00

This is 60% undervalued, this is why I loaded up and this also plays into the takeover scenario.