Microwave Satelite Technologies Inc (fka MSHI)

[reallybadtrader]

Your calculation is not the right method for determining the share price. You need to look at forward sales figures. I would look more at price to sales and assign a multiple of what you think fair market should be.

It is a growth company so you cant really look at the PE (which there is none). I would take a look at what you anticpate this years sales being, figure out from how much sales they do per share and multiply that by some kind of fair market multiple. That should give you a more accurate picture of where it might trade too.