Thursday, June 01, 2006 4:53:01 PM
I was just putting out a SWAG based on current p/e and profit numbers based on UB's comment. Hope you are right. There obviously are a lot of factors to consider and things that will change beween now and then.
I have heard lots of posters talking about revenues (incremental) dropping straight to the bottom line and it doesnt happen that way, hasnt before, and dont beleive it will in the future. I know you said a high percentage of revenues dropping to the bottom line, but I will continue to use current profit ratios, just to be conservative.
IPR business models from the outside look dandy, but as we have seen, it is tuff at the same time.
Good Luck
rockitt
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