Ispro'..Yes, I agree that higher multiples CAN occur during speculative fever, as a stock Finally starts to see Revenues coming in after a loooong dearth., such as Wavx's. However, having said that, I tend to be conservative when it comes to PE's.. I remember Awk's post way back Pre-Reverse split, I believe, (#91819), where he used a PE of 50, and came up with a $50. or so projected SP. Using your assumptive range of PE's from 40-80, I chose the lesser, and even with your Conservative figures used for sales, we still come up with a projected SP of $28. Now the question which begs an answer is...What about the SP using a more aggressive assumption of sales? (with justification, of course) . Just a few thoughts as they cross my stodgy ol' brain on a bright Sunday morn in Ol' San Antonio, Texas.. Have a great day.. Dutch' B.
