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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?


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