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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?

To: Marshall001 who wrote (23381)	12/14/2000 8:22:47 PM
From: If only I'd held	Respond to of 24256

Marshall, Ed Richardson does eveything right in my book. Everything. From the way he financed their debt...locking it in to reasonable rates so that it is not subject to the crunch that some of these companies have been feeling with the rising rates. ahhh, hell, I could go on and on, but it doesn't make a difference. The market will put the stock where it belongs. Bottom line is, I feel RELL deserves a trailing P/E of at least 20. That's 312 million or .75 x sales. Per share price target is $23.28 or 20 times trailing 12 month earnings of 15.6 million dollars. I don't think Ed Richardson will squander this money they are making...he will make more money with it. His performance deserves a better premium than he and his shareholders are getting. If that asswipe from McDonald Securities wants to keep selling the stock short tomorrow, he can count on me to add to my position.