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Re: OnTheBrink post# 139

Thursday, 11/04/2010 11:24:23 AM

Thursday, November 04, 2010 11:24:23 AM

Post# of 521
CashCowRunner, if the operating profits are close to the net profit then we've got:

Earnings of ~$281,000 x 4 quarters = ~$1,124,000

The number of shares outstanding of the registrant’s Common Stock, $.01 par value, as of July 15, 2010, was 1,980,978 shares.

I think that the OS may have gone/may be going up. Thought I saw something about employee stock option plan {Will check this. Of course, the Q should be out soon.}

Anyhow, the base numbers for this simple, temporary computation don't need to be that precise. :)

PE ratio of 20 = $1,124,000 / 1,980,000 = $.56 EPS = $11.35 {20 x $.56}!

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