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Old 09-26-2004, 11:57 PM
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Default PSA FOUND LIABLE FOR LOSING RARE T206 MAGIE ERROR CARD

Posted By: Marc S.

<<It's amazing how companies can sometimes be so stupid or cheap. Especially a company such as PSA that is highly profitable. >>

Perhaps you haven't looked at CLCT's Edgar filings. Although CU, in general, has been profitable over the last 12-18 months, before that they essentially had negative operating results quarter over quarter for a few years, with only one or two outlier profitable quarters. They have returned to profitably, as said - but I think many here could freely speculate at least from the PSA side of things how some of those profit figures have been engaged. (e.g. re-insitution of membership fees, less grading review, etc.)

~ms

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