Subaye, Inc (SBAY)

[GorillaGorilla]

Only fair to cover the greed in MYST after the fear

As covered by many on the boards:

Share Price 0.115
Earnings per share ttm 0.06
So P/E is 1.92

Earnings growth is > 100% (183% for what it's worth)...
Lets work with 30% growth.

That's a PEG of 0.06 (A peg of 1 is what we normally expect for fairly valued stock).

Taking earnigs of 0.06 and multiplying by 30 we have target price of 1.80 or 15 times upside from here. Clearly there can be signficant dilution and still remain undervalued. Clearly 30% growth could be conservative.


rich