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Re: sidesh0wb0b post# 2

Sunday, 03/30/2008 12:10:11 PM

Sunday, March 30, 2008 12:10:11 PM

Post# of 462
A super Growth stock, 160 million+ in revenues thus far in 2008.
Thats almost double last years revenues in only the first 3 months. If the next 9 months are similar we could see a 7x change in Earnings per share.

If that were too happen, fundamental valuation for this :

That would be amazing, 7 x .21(2007 EPS)=1.47
Times average P/E of 30= 1.47 x 30= $ 44 per share.

Now Growth stocks tend to have a higher P/E, when you use 50 the numbers are even more staggering. 50 x 1.47= $73.5

Bottom line stock is grossly undervalued!