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Non-Tech : Imperial Sugar (IPSU)
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To: Crossy who wrote (53)1/1/2003 3:30:32 PM
From: Patentlawmeister  Read Replies (2) of 121
 
For this stock to really fly, they now need to become EBITDA profitable, hopefully in a big way. It seems they only broke even for the Sept. quarter. With only 10M shares outstanding, a little hard work on their part should result in a few dollars a share in earnings (is this asking too much on $1B in sales???) ---> leading to a $20.00 - 30.00 stock price and a trip back to the NYSE. I.e., very high reward possibilities from these levels, but these guys have got to make it happen. Getting rid of the debt is the first step, learning to balance their checkbook comes next.
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