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Re: stervc post# 21459

Thursday, 08/11/2011 12:32:06 AM

Thursday, August 11, 2011 12:32:06 AM

Post# of 112299
If the Bayport share structure remains the same through the IPO,
and if the sale of REE's produces $50M profit, that would translate into $.0925 in earnings per share. Using a conservative p/e ratio of 12, based on that one deal alone we might be able to anticipate a pps of $1.00 or more, assuming all other operations are just breaking even.

In other words, I'm in all the way.