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Santa Barbara Broker

09/01/10 1:23 PM

#80238 RE: GIBBER #80231

OK, even though that is not true and only the unskilled CNC machine operators or floor workers would be earning those very low wages, not the majority of skilled workers, knock 35% off my estimates for EXPH workers as I stated. Now you're down to $10 to $12 an hour. And CIMA STILL is losing money with them shipping $30K a day...their highest attainable/planned goal per EXPH management. You are missing the entire point. The company's own figures and projections guarantee they will LOSE MONEY. WHY??? BLOATED G&A overspending. WHY? To feed the good life to EXPH executives and their buddies. Exactly what I have been posting about all along. You also might want to start praying that when all this exponential growth from "accretion" starts snowballing. that EXPH's shop doesn't become unionized...something that IS very common in NC. Then my estimates of $15-$17 an hour will look ridiculously lowball. IMHO.

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