For the last few years — too many years — the company has been earning about 1 percent on sales, net. That generates five to six dollars in earnings per share on the one million shares outstanding. With no growth and uninspired profits the market has been giving you a multiple of about five. The trading range for the last few years has been $20 to $30 per share."I recently received a tip there are major problems here and came to find out about it. First, I will tell you what I have heard, and then you can comment. Number one: You have been cut off as a supplier to Magna Motors. That was reported on the broad tape. It's about half your valve and ring business, maybe more. I would estimate the loss at about $200 million a year in sales."Number two: You have sold off a whole bunch of your auto parts stores. I would guess maybe two-thirds of them. That's another drop in sales of about $65 million or so."Add those together, Mr. Fitzpatrick, and Murphy has lost about 50 percent of its. "Well, Sissy, you're the maid here,don't you think you ought to be the one to dress him?" Nancy asked me.As I dressed him, I noticed how pefectly the clothes fit on him.Whatever sizes he was, he was exactly those sizes, so the clothes fithim like a glove. Too well, I thought. The slight touching I had todo to pull his shorts up seemed to turn him on a little, and you couldsee the outline of his erection against his shorts.This did not esacpe the girls. "Wow, he is always ready, isn't he?"Lisa asked.I decided to ignore that remark. I noticed there was one more smallpackage that was still unopened. "What's in this one?" I asked."Oh, the spring," Nancy replied. "We'll leave that for later."The girls decided they wanted to learn some more about Mr. Studley.Lisa started typing on the computer. Nancy got out the Mr. Studleymanual and started reading out commands for Lisa to type in. (Authors'note: this IS the Windows 95 version of Mr. Studley, as will beapparent later in the story..
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