Blank Check IPOs (SPACS) Message Board

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Technology Stocks : Blank Check IPOs (SPACS)

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To: Glenn Petersen who wrote (1828)	6/27/2008 4:31:04 PM
From: jrhana	Read Replies (1) of 3862

Yes<g> I was just studying it. Looks great to me although I am not an accountant. It was a legal requirement that they release it today because they are having a major sales pitch Monday in NYC with RBC and multiple institutional investors. I expect it to be an easy sale. Mastec (MTZ) just paid $44 million for a privately held Texas pipeline company, Pumpco, which had $70 million in revenue. southflorida.bizjournals.com ESA is paying $54 million for 2 pipeline companies with combined revenues of $170 million. ESA is actually on this metric paying about half as much, and Mastec is no slouch. finance.yahoo.com Shows you what the demand for pipeline companies is. Message 24602746

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