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Saturday, August 05, 2006 9:28:19 AM
Most analysts I know are conservative in their estimates. In addition, those numbers reflect past performance.
If there are additional financials which reflect those future projects, as well as projected earnings, please forward them to me. That would be helpful in gaining a clearer picture of future price targets, and I will ask him to re-evaluate the ratios.
Personally, I found his target numbers very encouraging. If the audited financials are released within 2-3 weeks, the market could well push the PPS to reflect those p/es within days.
While the $2- $4 price remains a possibility on the farther horizon, we are looking at at targets, based on the numbers given by Sulja Brothers right now....
Besides, who here would be upset with a minimum 500% increase from today's average????
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