Well, how was the one time profit used by management? Was it squandered or well used? I think this stock is worth more today than in was a year ago. Beside, the growth past 6 began in OCT, thats in the third quarter. If it was strong earnings that drove the momentum, why didnt the stock start clibing in April 06?
But in comparison to 2005 1Q earnings are relatively on par. So if its back to normal in terms of earnings, and now the company has paid off a significant portion of its debts, then the company should be valued at a greater level than in 2005 IMO. I would say we shouldnt drop to 2k5 levels in terms of stock price, but I suppose no dividend this year is going to be reasonable.