First of all I will grant you my post makes some assumptions... but you may have missed in the headlines.. for this 1/4.... not the past quaters... and as far being held in other companies you are correct & u are also aware that can be calculated in many ways(ie our own Holocom .... our assets will grow by 3.5 million.... The piont of the message... PTO says MMP stronger.... last two 1/4's MMP income has grown by about 9 million in six months... the earnings are stronger....

As far PE you can look @ two different sources get two different PE's (some use trailing some... 2 1/4's trailing 2 1/4's estimates..some use only forward estimates... Some add your companies assets after liablities... yes mine PE took one 1/4...

but the piont once again if you believe MMP stronger with the PTO & the market... we already undervalued..