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fourkids_9pets

08/20/10 10:03 AM

#78714 RE: insanecurrencytrader #78710

i've been an investor in expo since just over 2 years ago
and was *grateful* expo survived the macro environment
of late 2008 .. i don't forget the market's implosion
and credit seizing up overall .. suspect mgmt had to
face numerous obstacles from 9/08 thru 3/09 .. as i've
said it was only when i heard about ETC in the CC of
july 2009 (links in the ibox for new eyes) that i realized
that expo would not just survive .. but courtesy of ETC's
potential .. they would thrive .. again time frame here
re: marriage of ETC and big box diy retailers isn't measured
in days or weeks ~ but within years which is why i'm so very
confidenct .. exph sor see news re: one diy retailer within
6 months of the 2010 SM

i look forward to the co.s next level in their foundation
being added for all of their shareholders

--
4kids
all jmo

Santa Barbara Broker

08/20/10 10:43 AM

#78721 RE: insanecurrencytrader #78710

It's good you don't care how EXPH earns their money as their only bottom line profit shows up when they have sold off assets or stock. This is irrelevant if you are just flipping EXPH shares to the naive at the top for a profit. I was just clarifing that the company does not earn any bottom line profit on selling cabinetry. They do however make 5-20% margins on the cabinets sales themselves. It's just that their G&A expenses are so relatively enormous they can't carry those margins through to the bottom line which is why they need to frequently enhance their reports with asset and equity sales. IMHO.

SBB