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Re: Farmboynate post# 35786

Thursday, 09/24/2009 8:30:24 PM

Thursday, September 24, 2009 8:30:24 PM

Post# of 83044
I THINK A P/E OF 10X FOR NEXT YR. IS A GOOD NUMBER....BUT
FOR THE FOLLOWING YEARS A P/E SHOULD EQUAL THE GROWTH RATE OF THE COMPANY....
I assume an earnings # of 25MM and a P/E of 7 would still give us .035...A VERY CONSERVATIVE PRICE....
BUT A GROWTH RATE OF 20% WOULD JACK THAT UP TO .10 FOR THE FOLLOWING YEAR.....
AND THATS CONSERVATIVE...IMO

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