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SageWise

05/22/08 8:42 AM

#65453 RE: frankermel #65451

Ahh, for that dose of refreshing cold water in the morning! If you're going to hold them to the DR estimates, then why not talk about the valuation as well. $2.50 announced last October. Even if you say 50% of that, we should be at $1.25. I'm not jumping ahead to making predictions for $2.35 etc. But if you're going to use one metric from the analyst, be fair and use the other metric the same analyst uses for valuation.
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DOLLARLAND

05/22/08 9:32 AM

#65465 RE: frankermel #65451

Frankermel,

You're right, the brief drop to .87 was due to revenues falling below DR's estimates, but I call the drop unwarranted because the results yoy were great, and the only reason we didn't meet DR's estimate was due the timing of deliverying some key big ticket orders. All that means is that we'll have a stronger 2nd quarter.

Regarding $2.35 by June being overly optimistic, my only comment was that we would see $2.35 in less than 3 months. June is optimistic, but not impossible. July or August are more likely.

OT: Your last point regarding the Eagles never being 19-0 with Andy Reid and Donovan McNabb, I know it sounds hard to believe, but I just can't think of any teams that could possibly beat them this year. No need to respond on that point, but that I'm sure about, LOL.

Rhino