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To: jeffbas who wrote (12660)6/17/2001 3:58:12 AM
From: Dale Baker  Respond to of 78627
 
I figure that a profitable, established company with decent cash flow and modest growth is worth at least 1x sales, which I figure at $37-40m for LPAC this year, or $5-6 per share. We will see if that is right or not.

Good luck.