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Re: MacD100 post# 3242

Friday, 12/22/2006 9:46:39 AM

Friday, December 22, 2006 9:46:39 AM

Post# of 162848
$1 is possible!!! Look, if the company has sales of $50 million, and they only make 10% profit, that's $5 million, multiply that by a P/E of 20, because they are still growing and have plans to put the product in national retail stores, which gives you a market cap of $100 million. $100 million divided by 70 million shares gets you about $1.50 PPS. Now you may be asking, how did I get $50 million in sales. Based on the fact that they have over 30,000 shops that carry their product, that would only be $1700 a year from each shop, which equals about $140 a month, which is nothing for this product, what 1 or 2 mufflers a month.IMO


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