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Post# of 203990
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smartmoney77

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Alias Born 08/11/2006

smartmoney77

Re: None

Friday, 08/11/2006 11:11:54 AM

Friday, August 11, 2006 11:11:54 AM

Post# of 203990
If in 9 months when the factory is complete, XKEM gets 25% of the 4 million Nigerians to use this much needed drug at aproximately $20 each that is 240 million in revenue. Even if they had 2 billion shares, which they don't, that would be .12 a share earning. With a PE of 15, which is half of the industry average, that would put the share price at 1.78. A fraction of that would be a gret return.

My 3 million shares are averaged at .0185 so I am willing to wait a year or two for that pay off. But even those that are upside down right now should realize that all they have to do is wait.

I'm new to stocks so maybe I'm missing something in my calculations here.

My posts are my opinion, make your own decisions. And remember, all fear is an illusion.

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