Friday, June 13, 2008 7:49:29 AM
Plugged the revenue projections ITGuy provide in to my spreadsheet.
My assumption:
50% profit and PE 15
OS 3,081,100,000
Revenue projections are as follows:
1 year - $9.70 Million
2 years - $36.40 Million
3 years - $58.54 Million
RESULTS:
year 1 2 3
revenues $9,700,000 $36,400,000 $58,540,000
earnings $4,850,000 $18,200,000 $29,270,000
EPS $0.0016 $0.0059 $0.0095
PE 15 15 15
PPS $0.0236 $0.0886 $0.1425
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
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