Replies to post #66123 on Strategic Asset Leasing Inc (fka LEAS)

[jackg152004]

Tough to say Skribe until we have more info.

I will say I was basing my previous "book value" estimate on the wrong industry. My original estimate was using the industry metrics for the "Industrial Metals and Minerals" industry.

I just took a look at the industry that SQM is categorized in on Yahoo Finance which is "Chemicals-Major Diversified".

Given that information instead of a Price to Book multiple of 5.5 we could potentially be looking at a Price to Book multiple of 7.8 http://biz.yahoo.com/ic/110.html

Sorry for the previous misinformation.