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Re: None

Wednesday, 01/24/2007 8:34:37 AM

Wednesday, January 24, 2007 8:34:37 AM

Post# of 3578
GRSR - 5 P/S = $8.57 a share

If we give GRSR a P/S of 5, based on $60 million in revenue for next 10Q, here is what we get.

$60 million x 5 times sales = $300 million market cap.

$300 million / 35 million outstanding = $8.57


* And that is just 1/2 the normal valuation for the sector.

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