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Saturday, March 10, 2007 11:40:30 AM
ICE $131 p/s 9.02 billion market cap
OPBL 6.36 p/s 328 million market cap
If you consider OPBL market cap and divide by CHNW's last known O/S of 4.3 billion, then that gives CHNW a p/s of .07
With ICE market cap that would give CHNW a p/s of $2.09
Now naturally those are established companies, but OPBL was just .40 around 7-8 months ago. Ice was $45 around 6 months ago.
If CHNW has bought 1 billion shares back then the p/s by market caps would be 2.72 (ICE) or .099 (OPBL).
Give CHNW a year to rake in some profits from the FOREX and we will all be looking pretty.
Feels good to dream doesn't it.
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