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Wednesday, May 04, 2011 2:38:38 AM
QPSA story has promise but likely our "active users" and revenues aren't anywhere near those who have 500M plus valuations.
Qpsa actives users are valued at $40 a head (assuming 10% of the 30m are active per Abbott). I see this as high but the market is forward looking; however if we can double active users then it then becomes reasonable. Active users is the only worthwhile metric right now. Don't expect this stock to zoom right back to 20M on fundamentals.
Anyhow double digits by 2012 might be possible.
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