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1st qtr earnings???
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<blockquote data-quote="pretzel_man" data-source="post: 514253" data-attributes="member: 927"><p>The major difference is that we are more focused on next quarter than next year. I liked that better, but it didn't mean that we were not focused on profit.</p><p> </p><p>When we were private, stock grew because pofits grew. We were valued by the board in a narrow band of 12 to 14 P/E. Our public valuation has ranged from around 15 to 30 P/E.</p><p> </p><p>I argue that back then, we were much more focused on production than today.. When I started, report back was almost entirely focused on production. </p><p> </p><p>While I liked it better as a private company, I think we are kidding ourselves if we think profit would not be as important if we were no longer public.</p><p> </p><p>P-Man</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 514253, member: 927"] The major difference is that we are more focused on next quarter than next year. I liked that better, but it didn't mean that we were not focused on profit. When we were private, stock grew because pofits grew. We were valued by the board in a narrow band of 12 to 14 P/E. Our public valuation has ranged from around 15 to 30 P/E. I argue that back then, we were much more focused on production than today.. When I started, report back was almost entirely focused on production. While I liked it better as a private company, I think we are kidding ourselves if we think profit would not be as important if we were no longer public. P-Man [/QUOTE]
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