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To: David Seltzer who wrote (258)7/28/1999 5:34:00 PM
From: Mike Massey  Read Replies (1) | Respond to of 276
 
I agree David

I don't know where I was getting the .20 number for Precision. News Release says .15 and it would be optimistic to believe all of the new business's gross profit will hit the bottom line.

Sure would like to see a 9 or 10 multiple on .65 earnings!! (Might as well wish for a 20 while I'm dreaming --lol.)

thanks David



To: David Seltzer who wrote (258)7/31/1999 8:33:00 AM
From: Ron Bower  Read Replies (1) | Respond to of 276
 
David,

Am I wrong? It appears to me that a substantial amount of the profits are coming from minority interests (GE)?

I was glad to see they are selling Optimag as I never did like the investment.

Reduced on the report as I was expecting better.

TIA,
Ron


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