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Re: Mastman post# 11571

Wednesday, 06/28/2006 1:21:51 PM

Wednesday, June 28, 2006 1:21:51 PM

Post# of 19546
Not bad, so what are earnings expected to be?

10% net margin?

That would be .6 Million

.6 / 16.541 = $0.0363 per year

Current P.E. (based on these estimates) would be .60/.0363
= 16.5.

So, are we to assume VLXC is fairly valued now?

Of course, all of this assumes Matin is telling the truth.