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avandalay05

07/11/05 1:04 PM

#511 RE: yielddude #453

Yield - SDGL,
Man4apenny posts here as well and he is very knowlegeable regarding SDGL. The main issue is their Laurus financing and conversion to preferred shares. That with P. Lim's (CEO/Founder) preferred dividend-basically his salary is eating the mariginally profitable business that they currently have. My assumption is that their strong revenue growth will overcome this and be able eventually grow their earnings for Common. They are absorbing a few acquisitions and working on lots of other stuff in good space so I am hopeful but very cautious. The good news is I am able to accumulate quite a bit of shares. The bad news is I have accumulated quite a bit of shares...lol I have had such terrific gains this year in some in ERS, WIRX/XWG, JVA, TGA, and hopefully UGNE that I can afford to wait for a stock to come off the cupboard shelf as it were....
good luck I appreciate your posts in this forum,
Art