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Re: Dennisb68 post# 3882

Thursday, 01/03/2008 6:24:27 PM

Thursday, January 03, 2008 6:24:27 PM

Post# of 241010
With 716,000,000 O/S they only need $716,000 in "profit" to see .001 EPS.

Fast growth consumable stocks like this usually trade at multiples (P/E) several times their "profit per share".

A very conservative P/E would be 10.

10 (p/e) X .001 (EPS) = .01.

Add a more realistic P/E of 25+ (.025)and you can see why this stock is a screaming buy right now IMO.

Then theres the chance that profits could be much higher by end of next year. Home Depot ALONE could surpass $1 million dollars in PROFIT with ONE product.

My posting contains many opinions. So please do your own research and validation.