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Post# of 116863
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yogowypi

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yogowypi

Re: Margin-Hunter post# 20672

Tuesday, 11/15/2011 3:08:39 PM

Tuesday, November 15, 2011 3:08:39 PM

Post# of 116863
This is an excerpt from an article that Bruce Gwyn wrote about TECO:

Earnings per share in the current year are estimated at $.00393 going to $.01475, going to $.031 in 2013. With 600 million shares outstanding and a 25 multiple on earnings, we believe fair value for this company is currently $.09 going to $.36 next year and $.65 in 2013. All figures are calculated at $80 a barrel of oil, and as stated in this article, we think prices will almost double in the next 12 months.

http://www.hedgefund.net/publicnews/default.aspx?story=12714

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