how low can you go!!, page-11

The earnings power (if you can call it that) is in the people, expertise and contract wins that the business has.

I think the assets are indeed important. However, so is the the fact that COF carries debt and needs to service it.

Let's see how the new CEO starts in terms of strategy. He will surely do a bette job than the current guy.

The trend with Consulting Engineering is get big or get out with large mergers the main tactic.

I would think the COF would have to explore this option with a competitor or like minded organisation.