Followers | 5 |
Posts | 580 |
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Alias Born | 02/13/2005 |
Saturday, February 19, 2005 11:18:21 PM
2004 earnings per share =$.90 * conservative P.E. of 5 = $4.50.
If Gidget takes of and they get their e sales working well, we could see $10.00 per share. My take on the 2004 earnings release is that it is accurate and it will be approved by the auditors. Yes, there is risk with this stock as with all stocks, but I'm focused on the incredibly low valuation.
That's my take on the risk vs reward!
What do you think?
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