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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Elroy Jetson who wrote (52996)7/2/2006 5:17:15 PM
From: valueminded  Read Replies (1) of 116555
 
Elroy:

I would imagine the "top line" would be comparable to my construction - do you have a list of what comprises topline then I could compare.

At any rate, someone indicated that the reason for the discount was that Pardee could build for about 50% of typical small builder. I was having trouble reconciling with what I do so I wanted to try to understand it better. The numbers you quote seem much more in line since it would mean they build for about 15% less then my "one up" construction which given quantity discounts and captured crews, I could believe.
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