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To: Charly who wrote (2220)4/30/1999 5:23:00 PM
From: Chris Helton  Read Replies (1) | Respond to of 3541
 
the value of a company is not always in the short term earnings per share (my fellow investors (speculators)) or have we not been watching the Internet stocks lately. My point is that requiring that all acquisitions be accretive from the "git go" ignores what Joe Keeley is trying to do, which is: create a company that has the "tools" to bid on larger and larger contracts. To do so he needs engineering, construction, and design all within each region he wants to bid on contracts. As he puts this together, the value of the company goes up, not down, regardless of the short term eps. How else can you explain Amazon.com's stock price action while they demonstrate increasing or continuing losses? The key question is whether Keeley is investing shareholder money wisely, not current eps. good luck Monday.