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dougjohnson

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dougjohnson

Re: NYPharmer1 post# 27071

Tuesday, 02/09/2010 3:44:04 PM

Tuesday, February 09, 2010 3:44:04 PM

Post# of 53798
With the price about .08 and a P/E of 1.5 the equation would be .08 / 1.5 = .053 in profit. So a more normal PE of 20 would give a PPS of 1.06 (20x .053). Let's see what the profit is on the next report and then project a reasonable PPS.
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