LNCE generated barely $10Mn of free cash flow in 2008, ex-stock comp add back. A $600Mn market cap for this company seems excessive. Also, it indicates poor earnings quality and maybe even accounting fraud. There are other red flags e.g. the company had less than $1Mn of interest expense this quarter on almost $100Mn of debt. EPS guidance for '09 seems unachievable, and even if they do, this is a $12 stock at best.