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Post# of 131532
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jackg152004

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jackg152004

Re: Ex Blockman post# 13049

Sunday, 02/04/2007 12:38:24 AM

Sunday, February 04, 2007 12:38:24 AM

Post# of 131532
Blockman,

You are right, my mistake. So that would be $72 million in revenue for the year X 30% profit margin = $21.6 million divided by 1.5 billion shares = $0.014 "book value" X 20 multiple = $0.28. Now that is more like it. Thanks for pointing that out blockman.
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