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Re: wadegarret post# 50747

Monday, 08/07/2006 8:41:56 PM

Monday, August 07, 2006 8:41:56 PM

Post# of 173793
BITS DIRT CHEAP: guidance was increased earnings going forward-- should earn at least $.35 annualized going forward. With BITS double digit growth 25 PE warranted- $9 target.

Competitor SMSI trades about 30 PE. This is a HOT space- wireless internet browsing. I can see BITS being the next SMSI or NVTL.

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