I don't recall. But it's not the point, regardless of who is fleecing who of who's stock, we've been saying this since the 80s when we had 40m revenue forecast. If this year was 80m revenue with decent margins we wouldn't be sitting in the 30s.
It's all a timeframe issue but believing that retailers were being played by instos was being used when we sat a lot high than we are now and I don't see instos climbing over themselves to own a part of the company -- again hopefully this changes.
Is the honeymoon over?, page-164
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