quote:Originally posted by Runamuck: I am torn as to what to do.. Sell and wait for the R/S or hold.. Sounded like he said R/S before otcbb I will have to listen to it a few time with better head phones..
I dont mind an R/S at all actually if thats what it is going to take to get to the big boards to have the big boys start playing with it.
Hold on here. We don't know the whole story here yet.
Agreed Rags.
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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posted
If everybody buys TBLUE tomorrow TBLUE will hit a $1.00
Nice low float and O/S
Shares Outstanding: 37.66M Float: 28.81M
I owned TBLUE for the past year and it has not moved at at all, it would go weeks without trades...couple of buys and its off like AMRE...
Look at today up 160% on 296,627 Volume!!! imagine if it got 50m in volume...you do the math!!!
Posts: 1052 | From: Coventry, RI, USA | Registered: Dec 2004
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posted
i hope everyone realizes they are to purchase semco with private financing. not reverse split/dilute to finance as other pinks. they have also done a foward split. if they wanted to dilute they would have just upped the authorized and started to dump. they also own over 1 billion shares of COMMON STOCK so they will rs themselves. if they wanted to dilute and leave shareholders with a smaller stake in the company, they would own restricted shares so theirs wouldn't be affected. lets not get our panties in a wad.
Posts: 515 | Registered: Mar 2005
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quote:Originally posted by stolibox: i hope everyone realizes they are to purchase semco with private financing. not reverse split/dilute to finance as other pinks. they have also done a foward split. if they wanted to dilute they would have just upped the authorized and started to dump. they also own over 1 billion shares of COMMON STOCK so they will rs themselves. if they wanted to dilute and leave shareholders with a smaller stake in the company, they would own restricted shares so theirs wouldn't be affected. lets not get our panties in a wad.
My point as well Stoli, and playing with TBLUE could be financially Dangerous. Don't let greed overtake anyones sound thinking in playing a ZERO revenue company. Walk in the highway one to many times your liable to get run over.
GLTA
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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posted
i don't know wich interviewer it was but he said do you intend to make money because you p/e ratio is 80 or closer to 100 to 1 and that is what got him on the subject of r/s bill howe said we obviously will be doing a reverse at or near the time of the otc bb http://www.******************.com/mis5/webcast.html
last 3 to 4 minutes of the interview i thnk jim should address this ti the investors
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
Oh and down we go again dang ya just hate to see this. The pumping is going nuts on this one
Posts: 396 | From: Blue Springs MO USA | Registered: Oct 2004
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imakmony2005
unregistered
posted
I like this company just went to far to fast.im going back in.
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posted
Good R/S (no, this is not a slip of the tongue!) note over at another board:
quote: I just listened to the webcast. While I agree that an R/S usually spells doom, this may be one case where it doesn't. Most penny companies do an R/S so they can start the cycle again of selling shares and reeling in more money. PLNI is planning an R/S as part of the process of going to the otcbb. This will allow the stock to be more attractive to a broader audience, including money managers and we need their support for long term growth.
In the webcast, PLNI indicated they had no debt, they are profitable, they have a unique product that will replace steel in the future, their future outlook for sales and earnings are really positive and that they intend to provide a dividend to shareholders in the future.
Again, this just might be an R/S that works and the time to buy is when there is panic selling that drives the pps down. Once the reverse is done, with everything in place and the listing on otcbb gives PLNI a broader audience, more validation and money managers start positioning themselves to buy, PLNI could rocket and it might be hard to catch a ride...IMHO. Maybe that buy at the end of the day is fortelling...GLTY and take care, Judy
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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quote:Originally posted by pensandoenti67: There will no PR NEWS this will another WFTV sorry guys.
Lighten up pens. Stop being so negative when things don't go right. THis is a long term stock. I hope you're in it for the long term.
Posts: 785 | From: la | Registered: May 2005
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quote:Originally posted by bond006: i don't know wich interviewer it was but he said do you intend to make money because you p/e ratio is 80 or closer to 100 to 1 and that is what got him on the subject of r/s bill howe said we obviously will be doing a reverse at or near the time of the otc bb http://www.******************.com/mis5/webcast.html
last 3 to 4 minutes of the interview i thnk jim should address this ti the investors
There is no need to address the issue of reverse split by Bill. I just listened to the entire interview of Jim and Bill (Several Times) and really listened to the question brought to the floor by the Fund Manager and Bill was talking when he responded: We will be getting control of the stock float SOON AFTER we get to the OTC/BB. He stated this twice in the answer to the Fund Manager. He also stated that there will be share holder dividends in the near future. Another HUGE point is they have integrated in their presentation in New York SEMCO's Products and the incredible water sealant properties! The SEMCO Merger is a Done Deal!
This is Exactly what he has stated Many times in the past and has NOT Wavered one little bit. The key words are SOON AFTER we get to the OTC/BB and in my conversations with Bill he is looking at 12-18 Months after listing on the OTC/BB. To him this means SOON folks. Listen to the Web Cast yourself as I did 6 times and listen closely. This Wide Spred Panic is just silly and a knee jerk (he said she said) reaction. I hope you folks did NOT get fooled by the Bashers and sell your shares.
I Stand by my previous statement 100% AND HERE IT IS AGAIN! GLTA
Bill did say to Meet requirements to go to the NASDAQ they would have to do a R/S and Jim would Probably retire some of His own personal shares. That is still at least 18-24 months away and your stock at that time may be a Dollar or more a share! So it is NO BIG DEAL with a compnay that is hitting the Right revenues to do a reverse split to go to the Big Boards.
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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quote:Originally posted by $Keith$: If everybody buys TBLUE tomorrow TBLUE will hit a $1.00
Nice low float and O/S
Shares Outstanding: 37.66M Float: 28.81M
I owned TBLUE for the past year and it has not moved at at all, it would go weeks without trades...couple of buys and its off like AMRE...
Look at today up 160% on 296,627 Volume!!! imagine if it got 50m in volume...you do the math!!!
I'm not sure if will hit $1.00 but based on it's close today it will lead you to believe that TBLUE could be the next AMRE if enough people spark interest in it tommorow or when ever it runs again. I just find it weird that someone would make a promise as to say a stock will close over 100% and will run side by side with it's sister Corp before news is released. Maybe the owner of TBLUE wants us to run TBLUE for a reason which might have special interest with his other company PLNI. Could be a joint PR is to be released the same way AMRE and RAPT ran side by side. TBLUE might be a risk worth investing in being that such little shares is held by the public which means the MM are short. Inturn that will cause them to raise the bid to force investors to sell once the public buys up the float. Supply and demand. MM have enough shares of PLNI so they see no need to raise the bid. In the case of TBLUE, being they have so little shares on hand they must force us to sell so they can inturn sell it for a higher price.. TBLUE a strong buy IMO
Posts: 77 | From: Texas | Registered: Jun 2005
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quote:Originally posted by bond006: i don't know wich interviewer it was but he said do you intend to make money because you p/e ratio is 80 or closer to 100 to 1 and that is what got him on the subject of r/s bill howe said we obviously will be doing a reverse at or near the time of the otc bb http://www.******************.com/mis5/webcast.html
last 3 to 4 minutes of the interview i thnk jim should address this ti the investors
There is no need to address the issue of reverse split by Bill. I just listened to the entire interview of Jim and Bill (Several Times) and really listened to the question brought to the floor by the Fund Manager and Bill was talking when he responded: We will be getting control of the stock float SOON AFTER we get to the OTC/BB. He stated this twice in the answer to the Fund Manager. He also stated that there will be share holder dividends in the near future. Another HUGE point is they have integrated in their presentation in New York SEMCO's Products and the incredible water sealant properties! The SEMCO Merger is a Done Deal!
This is Exactly what he has stated Many times in the past and has NOT Wavered one little bit. The key words are SOON AFTER we get to the OTC/BB and in my conversations with Bill he is looking at 12-18 Months after listing on the OTC/BB. To him this means SOON folks. Listen to the Web Cast yourself as I did 6 times and listen closely. This Wide Spred Panic is just silly and a knee jerk (he said she said) reaction. I hope you folks did NOT get fooled by the Bashers and sell your shares.
I Stand by my previous statement 100% AND HERE IT IS AGAIN! GLTA
Bill did say to Meet requirements to go to the NASDAQ they would have to do a R/S and Jim would Probably retire some of His own personal shares. That is still at least 18-24 months away and your stock at that time may be a Dollar or more a share! So it is NO BIG DEAL with a compnay that is hitting the Right revenues to do a reverse split to go to the Big Boards.
Uh, first it was a "slip of the tongue" and now 18 months = soon. Uh, okay.
Rather than minimizing what was actually said and meant--PLNI does plan to do a R/S soon--I suggest focusing on what this reality means.
IMHO the truth is that 1. R/S with pink stocks are usually a disaster, either quickly or "soon"; and
2. Sometimes it's good. There are plenty of reasons for it to be good in this case, whatever short-term gyrations take place. That includes all the fundamentals of PLNI that have not changed. But we really, really, really need actions now, not words, since PLNI was already nicked by not finishing the audit within four weeks of the period they officially announced in May. Good audited financials, delivered on time and simultaneously with today's presentation, would have rendered the R/S moot.
Good things do happen. From another board:
quote: Ranger, I don't think some people here realize the positive effects of a reverse split. All that is being focused on is less shares, not the image from the higher pps.
I was involved in a r/s split with CYME (Now GTF). It was a 5:1. After the split, the stock was about .25. Today it is about 4.60 and this is less than a year ago.
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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posted
Judy, I made that slip of the tongue statement Prior to Listening to the webcast for myself. So Uhhhh OK. My office computer is not wired for sound.
Now I have heard it for myself (at home) and the R/S statements made by folks are just out right False! Bill DID NOT say that they were going to do a R/S PRIOR to going to the OTC/BB and that is not what he ment. Call the man for yourself and ask him. He is very easy to speak with. The statement people think they heard in a panic would not have been slipped out in a conferance to Blind Side Investors but put in a pr. Now lets get back to the reason we are all here and that's to make money on this Gem! GLTY
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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quote:Originally posted by bond006: i don't know wich interviewer it was but he said do you intend to make money because you p/e ratio is 80 or closer to 100 to 1 and that is what got him on the subject of r/s bill howe said we obviously will be doing a reverse at or near the time of the otc bb http://www.******************.com/mis5/webcast.html
last 3 to 4 minutes of the interview i thnk jim should address this ti the investors
There is no need to address the issue of reverse split by Bill. I just listened to the entire interview of Jim and Bill (Several Times) and really listened to the question brought to the floor by the Fund Manager and Bill was talking when he responded: We will be getting control of the stock float SOON AFTER we get to the OTC/BB. He stated this twice in the answer to the Fund Manager. He also stated that there will be share holder dividends in the near future. Another HUGE point is they have integrated in their presentation in New York SEMCO's Products and the incredible water sealant properties! The SEMCO Merger is a Done Deal!
This is Exactly what he has stated Many times in the past and has NOT Wavered one little bit. The key words are SOON AFTER we get to the OTC/BB and in my conversations with Bill he is looking at 12-18 Months after listing on the OTC/BB. To him this means SOON folks. Listen to the Web Cast yourself as I did 6 times and listen closely. This Wide Spred Panic is just silly and a knee jerk (he said she said) reaction. I hope you folks did NOT get fooled by the Bashers and sell your shares.
I Stand by my previous statement 100% AND HERE IT IS AGAIN! GLTA
Bill did say to Meet requirements to go to the NASDAQ they would have to do a R/S and Jim would Probably retire some of His own personal shares. That is still at least 18-24 months away and your stock at that time may be a Dollar or more a share! So it is NO BIG DEAL with a compnay that is hitting the Right revenues to do a reverse split to go to the Big Boards.
Chopper, Thankyou for a post that makes sense and is level headed.
-------------------- You can't argue with idiots, they drag you down to their level and beat you with experience. Posts: 713 | From: MD | Registered: Jan 2005
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posted
By this time tomorrow everyone will have heard of the R/S. It's as clear as a bell inthe broadcast and everyone will have the jitters. As posted here and known by many, a R/S has every negative connotation associated with it imaginable.
However, if our ears and eyes are correct, then this potentially is not going to be a bad thing. If a R/S were executed RIGHT NOW we would be in trouble. In order for the pps to increase to, lets say, a $5.00 level, the R/S would have to be 300:1 leaving most of us (except FOT, Chopper and the crew)with only a few shares and hurt feelings.
But if the R/S occurs after the transition to the OTCBB then hopefully our pps will significant enough that any R/S will be in a low margin i.e. maximum 50:1 if our pps is a dime.
The answer to all of the jitters is a stronger pps. Can we do it? My answer is yes. The unnamed investor spoke of revenues of 35 million for the year (I will listen again, I could be wrong)He didn't have problem with revenues, corporate size, business plan or etc... his only comment was " we can't get in unless something is done about the size of the A/S or P/E is dealt with" (paraphrasing of course)
There will be a R/S (from Bill's own mouth) but it will be after the OTCBB move and pending a move to a higher exchange. We absolutely can't have a P/E=100/1 and expect to run with the big boys. The sooner that the market accepts that the R/S will happen AND that its going to be a good thing, the better for all of us LONG Plasitconites.
-------------------- speak from your heart, invest from experience... Posts: 261 | From: Dallas | Registered: May 2005
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One of the financial panelists asked whether the company is sustainable, whether it's profitable, and about the share situation since "which we as professionals possibly won't be able to touch" it at current levels.
Right off the bat, Turek said "yes we are profitable"
Howe said, exact words:
"All of that will change as we got to the OTCBB-- we obviously at some point will be doing a reverse and will be bringing the number of shares under control"
Then later:
"We will be doing a reverse at some point when we go on the OTCBB, which will be in the very near future"
The question is whether "in the very near future" refers to both going on OTCBB and R/S, or just OTCBB. It doesn't sound as if that will happen BEFORE OTCBB, but I think that's irrelevant at this point. I hope this is clarified in a statement tomorrow.
Overall a good presentation. The red flags are 1. Failing to release audited financials within the four-week period previously announced, in time for this panel and 2. The R/S bomb. In practice there are happy endingz to R/S but it's just a fact that it's not a confidence-builder and pinks need all the confidence they can get.
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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posted
Well if a R/S is coming even if it is going to OTC I am going to sell my shares. I rather take my Lost now then risk the chance of being down 20-50% then a reverse split comes along which would inturn make my shares worth even less. What we all need to remember is the following, buying pressure is important along with the fact of how many shares MM are holding. WFTV is dropping because with every sell the MM see no need to raise BID to attract more sellers. They already have enough shares in hand. Same deal with PLNI not to mention it's a pink sheet which gives the MM a advantage to do anything they want with the shares they hold, and the shares they want to buy from us. Take it from me when I say TBLUE is the best hope out of these two companies. As someone said 50m in volume and TBLUE will be at $1.00 .... PLNI will take in 50m in volume and not even uptick. That's what worries me and after all the talk above a r/s is the best thing for the company. Atleast TBLUE would be PLNI but with less resistance, lower float, less out standing shares, and less shares in the hands of the MM's which would mean they will raise the bid to attract sellers.
Posts: 77 | From: Texas | Registered: Jun 2005
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quote:Originally posted by corndo: By this time tomorrow everyone will have heard of the R/S....
yep, good post and the R/S issue will be No. 1 with a bullet tomorrow. The audited financials are now more important than ever.
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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quote:Originally posted by state780: Transcript! Over at the RB site, posted by W.S. R.
I'm an idiot (Chopper nods sagely). It's from a May 17 interview. Sorry. That was a slip of the tongue!
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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posted
Things aren't looking good for PLNI now. Had no idea they were going to do a r/s lets see what she does tommorow. I will be looking to see what her sister company does.
Posts: 77 | From: Texas | Registered: Jun 2005
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posted
Geez I hope the fools sell, so that I can buy more at these bargin rates. I have been in since 0.0028 and hanging on to every share.
Things are looking great for PLNI and those who want more shares, things are looking bad for those who cannot do their own DD and don't listen to what is being said. You were born with two ears and only one mouth, do you think that was for a reason duh!!!!! Learn to listen and spout off less.
PLNI all the way to the bank
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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quote:Originally posted by Doctoall: Geez I hope the fools sell, so that I can buy more at these bargin rates. I have been in since 0.0028 and hanging on to every share.
Things are looking great for PLNI and those who want more shares, things are looking bad for those who cannot do their own DD and don't listen to what is being said. You were born with two ears and only one mouth, do you think that was for a reason duh!!!!! Learn to listen and spout off less.
PLNI all the way to the bank
Note to self: Do not share information. Sharing information is bad. Got it! Don't provide exact quotes from conference on R/S--it's better to just guess what was said! Or we can just bash or promote a stock without any reasoning at all--that's always popular too.
"If we can agree to shut up, we can get through discussion boards faster"
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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posted
i did not want to start a lot of trouble i am just stating what i heard. to me a r/s for the sake of the otc bb makes no sense at all now after you are a reporting co and you want to take the next step up to a higher exchange it would make sense to me i personaly think it was a dumb thing to say. i hope he addresses it tomarrow and clears the air it is all over bb"s everywhere and the bashers are having a real field day with it. i personaly have 3million shares strong and i want to buy more but now i am going to wait until this is put to rest. sorry i am not a basher and i did not give the interview i am an investor like the rest of you.glta
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
I am not a basher. I have been accurately predicting this stocks movements for some time now.... just read my posts....
I told you a sell off was coming
Now will be a more critical time I believe You really need to recover and push up and close over .02
I bought into emti early, so I am just leaving mine there for now...
hopefully you guys will see plni take off now.. I hope it doesnt get sick and just die out here
I made a buttload of cash on plni already... I got out and havent felt good about getting back in... that doesnt mean a thing... it can take off and leave me wishing I had stayed in..
Posts: 251 | Registered: Jul 2004
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posted
one more thing it does not make any difference what he did or did not mean like on this board a lot of things were posted and a lot of rumors are flying and that is not good for me and my investment in this co for all of our sakes the only one that can stop this now is jim. things like this seem to feed on themselves. i really mean glta
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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quote:Originally posted by state780: Webcast, now that I listened to it:
One of the financial panelists asked whether the company is sustainable, whether it's profitable, and about the share situation since "which we as professionals possibly won't be able to touch" it at current levels.
Right off the bat, Turek said "yes we are profitable"
Howe said, exact words:
"All of that will change as we got to the OTCBB-- we obviously at some point will be doing a reverse and will be bringing the number of shares under control"
Then later:
"We will be doing a reverse at some point when we go on the OTCBB, which will be in the very near future"
The question is whether "in the very near future" refers to both going on OTCBB and R/S, or just OTCBB. It doesn't sound as if that will happen BEFORE OTCBB, but I think that's irrelevant at this point. I hope this is clarified in a statement tomorrow.
Overall a good presentation. The red flags are 1. Failing to release audited financials within the four-week period previously announced, in time for this panel and 2. The R/S bomb. In practice there are happy endingz to R/S but it's just a fact that it's not a confidence-builder and pinks need all the confidence they can get.
Judy, I did send Plasticaon an email Earlier today asking them to PLEASE clarify the R/S issue in a more definitive Pr to correct any misunderstanding and I will talk to the company in the morning as well. This is the reason it was a bad idea to have an impromptu question and answer session, especially if it is CUT OFF in mid sentance and as garbled (just poor sound quality) in a web cast.
I do not want to BASH anyone or rub their nose in this crazy R/S mess. I do wish to apologize if it appears I have Bashed you or anyone else over this issue. I just want a clear picture of the true path this company is headed toward. It is unfare to all of us stock holders to be left in a clarity lurch. And we all have truely suffered due to this misunderstanding. I invite everyone to help with this in their own way till we get this matter cleared up.
PLEASE NOTE: The reason the financials were not completed is due to the MERGER. It added a twist to the Audit process as they wanted to combine the companies prior to the Filings with the SEC. They announced the audit finalization to move to the OTC/BB May 18th. http://biz.yahoo.com/pz/050518/78438.html On May 24th they announced: Negotiations to Acquire Semco Inc. http://biz.yahoo.com/bw/050524/245525.html?.v=1 On May 25th they announced: Plasticon Signs Letter of Intent to Acquire Semco Inc.http://biz.yahoo.com/pz/050525/78871.html on May 27th they announced: Plasticon Announces That Semco Acquisition Will be Privately Financed Cash Transaction.http://biz.yahoo.com/pz/050527/79010.html
So to make a long story Longer, Jim Turek has his hands full trying to audit (2) companies and performing a merger/aquisition and then file the ammended SEC filing Documents to bring it all together at BREAK NECK speed. Sounds like a Houdini Magic act to me! If he pulls this off by July 1, I will treat his office staff to a Steak Dinner in Lexington, Ky when I travel thru there in August. Does this make a little more sense than the silly rumor about the auditor running off on his Honey Moon in the middle of the Audit? The Dynamics changed incredibly when SEMCO came into the picture. Now I would give you last years financials and this years projections for both companies but that would spoil the suprise. Just kidding... But I can tell you the Fund Manager did use one of last years figures to come up with his Crappy PE Ratio. Non issue for this year or next! Shame on him for even bringing that silly question to the conference. What is Siri's PE ratio? Give me a break.
Now can we agree to disagree and get back on track Folks? Have a Great trading Day tomorrow!
GLTA
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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But I can tell you the Fund Manager did use one of last years figures to come up with his Crappy PE Ratio. Non issue for this year or next! Shame on him for even bringing that silly question to the conference. What is Siri's PE ratio? Give me a break.
