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Faucet

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Followers 20
Posts 3103
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Alias Born 05/10/2007

Faucet

Re: None

Thursday, 06/07/2007 1:01:05 PM

Thursday, June 07, 2007 1:01:05 PM

Post# of 38588
mkt cap is currently $2m at .04 (assuming 50m shares o/s).

projected 2007 $4m in gross revenue. Say earnings of 20% - $800k. Typical PE for medical equipment sector at just half the value -say PE of 15.

Target price in big board world on conservative basis - 0.24.

I'm no expert so any thoughts greatly appreciated. Tweak the numbers as you see fit. Just trying to get a sense of target here.

Industry sector info

http://biz.yahoo.com/p/521conameu.html

TIA and GLTA

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