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Wednesday, 11/07/2007 11:49:13 AM

Wednesday, November 07, 2007 11:49:13 AM

Post# of 173809
GSI $50 Target: SeekingAlpha
On Friday, October 5, the stock closed at $12.73. This equates to a 2008 p/e of 5.6. I believe within a few months from now, by which time M&A #3 is completed, it should easily trade at $35 or more, being 15 times 2008 earnings. As we progress further into 2008 GSI stock is likely to trade closer to $45 or $50, being 20 times 2008 earnings or 15 times 2009 earnings. Or it may trade higher on the back of China receiving favorable media exposure during Olympic year. In either event I consider GSI stock to be exceptionally good value at current levels and is an excellent infrastructure play on China�s economic development.
http://seekingalpha.com/article/49583-th...

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