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We average around 5.5 million a month in sales with a profit of around $900,000. The economy hasn't seemed to hit us........yet
Since your from NC I assume you are referencing Alliance Pkg which is a different animal compared the Sheet Feeder I was referencing or a Brown Box plant. If what is going on in Atlanta is going on in the rest of the Brown Pkg div your company earnings will be under severe pressure just like the rest of the industry. The yet is upon everyone in this industry. It is as ugly as ugly gets.
http://biz.yahoo.com/ap/090213/paper_sector_snap.html?.v=1In better economic times, Id be a buyer of this stock. I think management is honest. But, given the economic times we are facing, this stock is overvalued at these levels.