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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