No, I wouldn't say that. As long as these boys keep meeting deadlines and providing clarity, this should see a steady climb up from here. Right now we are trading under the assumption that there is truly 1.75B in O/S. If they prove that to not be the actual case as some here suspect, the stock should adjust upward to a more viable pps. For example, if "true O/S" comes back at 1B, then we are currently trading at about 2 times eps based on annualized 1Q2007 numbers (assuming no growth in profits for the rest of 2007). We should be trading at least around a PE of 10 if they provide full transparency.
"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
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