Indeed 35% when he phoned... buy now they are saying 100% Q4... how they get from 1/3rds to 3/3rds in the year I don't know but I think the 1/3rd information is now obsolute.
To be precise in my terminology I say run rate... so by Q4 of this year they will be running at $2.50 earings assuming 5% margins. so Q4 2010 + Q1 - 3 2011 they should earn $2.50.
Additionally, management anticipates reaching a full capacity run rate sometime in the fourth quarter of 2010.
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