This board for PATK drives me crazy. - The analysis here is terrible. Big tax burden, you mean the one all businesses in the US have. PATK just had a blow out quarter and year. They did $2.63 for the year. If you take $2.63 x 39.6% = $1.04 in tax - So you still have $1.58 in earnings, worst case, on a company growing at 30% Year over Year. They only recoginzed $28 million of the additional $80 million in acquired revenue. So just apply 25% growth to the $1.58 in earnings and you get $1.97 for 2013. So we are at a PE of 6 on that today, on 30% growth.