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Re: rachelelise post# 14857

Thursday, 10/23/2003 10:18:35 PM

Thursday, October 23, 2003 10:18:35 PM

Post# of 249214
Rachelise,

do you really think Wave will only have a PE of 20 once we actual get some E? I find it highly unlikely. Growth companies are priced base on future expected earnings, not current year earnings. If Joe investor and the street can see that that the growth of E will be explosive or at least impressive, I can guarantee you we will have PE for many years that is north of 20.

John

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