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To: Tony who wrote (1596)1/14/1998 11:25:00 AM
From: Brad  Read Replies (3) | Respond to of 6654
 
Hi Tony! The Press Release had different (higher) numbers than you posted. I assume you are perhaps trying to look at "worst case scenario."

I am referring to...
>> -Revenue of 3.0 million
-Earnings of 300K <<

I think the Press Release indicated
-Revenue of $3.5 Million
-Earnings of 10-15% (350K to 525K)

Also, when I last looked at the tire industry numbers, the median PE was around 25. Has that changed?

I agree with your line of thinking, I just have different numbers, which, of course, leads to a different (higher) result.

Isn't this speculating fun! :-)

Best wishes,
Brad



To: Tony who wrote (1596)1/15/1998 7:42:00 PM
From: Bob Walters  Respond to of 6654
 
Tony, Thanks for summing everything up in a nutshell (your post 1596)! I appreciate the efforts by you. I have been in and out of this stock 5 or 6 times in the past 6 months. I can honestly say, I have lost more than I have made with this one. I guess i will just hold for now, no point and selling for another loss. Happy Trading!
Bob-


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