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coolguy

05/31/05 3:24 PM

#108 RE: bohemianclubman #105

bo- You are right about companies being acquired at a lower price, they get more shares for their deal. However, on the flip side it is more dillutive to THK and something that Jacobs and co. may not want to do. If I were at the helm I would hold off on any more deals untill I got the stock price back up near the 4-5 range. There is only so much debt the co. is willing to absorb the higher the share price the more leverage they have. A solid quarter of earnigs, which includes all the closed acquisitions, should do the trick. Once people see the potential earinings power this thing could be a rocket. I guess for now it's wait and see.