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Saturday, May 28, 2011 3:50:04 PM
I believe there also is the Iphone version coming soon.
1m units @ $10/ unit = 10M in rev @ 30% margin = $3M. Until GRAF is IPO'ed, the rev and profit will accrue to SDVI.
$3M/1.5B shares = $.002 X 10 EPS = $.02 - low estimate. If en does the buy back and takes out 500M shares then we are looking at $.03. If we get a higher multiple then 5-7 cents - my est.
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