Let's be conservative for the 4th Quarter and project earnings to halve at $0.01. So projected 2006 earnings of $0.06 / share. Now the question is what PE multiple to use. Here are 3 scenarios:
1.) .06 * 12 = $0.72 share price
2.) .06 * 10 = $0.60 share price
3.) .06 * 8 = $0.48 share price
Select the multiple that you think is appropriate, but like I have posted here before, CHID appears undervalued in all 3 scenarios.
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