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joelk

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joelk

Re: KJSmith post# 3358

Friday, 06/12/2009 6:25:32 PM

Friday, June 12, 2009 6:25:32 PM

Post# of 14386
rather then look 5 yrs ahead, I am just looking at the current year, projections are for $17M in revenues & e.p.s. of $.14. The e.p.s. would probably be $.10 if income taxes were paid. If we had a 50% increase in earnings in year 2010 the e.p.s. would be $.15 after taxes. Using a p.e. ratio of 15 the stock should be trading at $2.25. That would represent a 100% increase over todays price. Any comments?
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