Wednesday, April 27, 2005 3:23:39 PM
Look, let's do the comparing that's been going on, i.e., "the next Google".
Let's just say we do march that way and let's just stop at the billion plus revenue that TS mentioned.
GOOG had 3+billion last year in revenue. They have a market cap of 60+billion (20x's earnings), have almost 275million shares out and they are $219/share.
Let's apply that math to NEOM at 1.5+billion/year in revenue:
20x's earnings @ 1.5+billion = 30+billion market cap
Let's say 500million shares out = 30+billion/500million =
$60/share!!!
It's time to start getting realistic. Especially after the news starts rolling out. If no news ever rolls out and no 10Q's start supporting such a hypothesis, then yeah, 2 or 3 dollars would be great.
Are you expecting good news, bad news, or no news?
Personally, I'm expecting the news to come and the news to be good. Then the 10Q's should back that news up.
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