Sigma Labs Inc (SASI)

[crook717]

Yeah my data is simply a grid of where prices could be given various units sold at various price multiples.

I try not to predict the exact figure until further down the game. Right now I just want to be right about what, not when and how much. Once we learn the ASP and quantity of the first contract then we can fill in the blanks and get a more accurate model.

BTW, like you I tend to be more conservative by nature, however for a startup company 75x multiple is very conservative. One shouldn't be surprised if this is trading 150x or greater initially. Look at DDD, even after their blood bath over past 6 months and a company with a lot more consistent revenue they are still trading over 100x.

I agree with your price target at 10M though...I had .56 at the 75x multiple, close enough.