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Re: Great value company

Mr. Big <evanble...@gmail.com>

I think it depends on what type of leases they have. What you need to
look at is the total amount of assets they use to produce their
return. Capital leases are on the balance sheet while operating leases
are not.

To compare all of this, you really need to adjust the balance sheets
of all the companies you want to look at. Thats really the only way.

See you in Germany in a few weeks.