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Re: p2d post# 5028

Wednesday, 11/21/2007 5:04:08 PM

Wednesday, November 21, 2007 5:04:08 PM

Post# of 34805
Exactly. It's not unreasonable to expect a share price of $1 a year from now. Let's say $15M in revenue for 2008, with $5M in earnings. That's 5 cents EPS, and with a PE of 20, that gives a share price of $1. Also, with such a high growth rate, it's not unreasonable to have a PE of 40, giving a PPS of $2.
Mike
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