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Strategies & Market Trends : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: CusterInvestor who wrote (65152)	9/24/2008 3:07:16 PM
From: Suma	Read Replies (1) \| Respond to of 118717

Here is one on PRC.. Good news on RAME PRC Irene Haas at Canaccord Adams just put out an update on PRC. She is holding to her $4/share target price. The report includes an NAV estimate of $3.26/share. Irene's forecast for 2009 is CFPS of $0.59 which compares to my CFPS forecast of $0.55. My model for PRC is in our Files section. PRC is negotiating the sale of their interest in the Hall-Houston offshore partnership. I'm expecting the deal to close soon. The Market should like the gain and the boost it will give to their Balance Sheet. Proceeds will be used to retire their pfd stock.