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Re: None

Wednesday, 11/04/2009 5:09:27 PM

Wednesday, November 04, 2009 5:09:27 PM

Post# of 334
Valuation based on 2010 figures:

Using OS of 61 Million from GEO site.
EST 2010 ncome $22.7 Million (from them)
That gives $0.37 cents a share.

So, on 2010 with forward P/E of 20 we have $7.40 stock.

I like the potential of the stock but we've yet to see a 10-Q. Difficult to sell a stock going up like rocket smile

Don't know how much cash it has - it could be significant?

rich