Wednesday, September 30, 2009
Toby Shute :: Townhall.com Columnist
On A123 and Air Conditioning
by Toby Shute
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Last Friday, I drew attention to the seemingly lofty valuationof A123 Systems (Nasdaq: AONE), which has yet to achieve positive cash flow, and yet sports a market capitalization greater than any of the following companies:

Company

Sales (in Millions)

Earnings Before Interest and Tax (in Millions)

Anixter International

$5,540

$273

Columbia Sportswear

$1,259

$115

Holly (NYSE: HOC)

$4,333

$250

Manitowoc (NYSE: MTW)

$4,386

$379

Panera Bread (Nasdaq: PNRA)

$1,325

$126 Continued...
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Toby Shute is a Motley Fool contributor.

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