Well just received some additional info. While its a long standing business – 40 years and seems to produce a viable product – I just don’t like the risk profile. What I mean by this is that revenues are $2.4MM and earnings are $1.2MM. Thats incredible – operating margins of 50% – wow! But what if one major client goes bye bye?? $1.2MM would look like $600,000. And the seller is asking 6x earnings or $7.2MM – I don’t think so! When you have this type of risk profile no time to overpay. Lets see what tomorow brings.