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cannonball2010

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cannonball2010

Re: bocxman post# 695

Tuesday, 07/19/2005 12:06:39 AM

Tuesday, July 19, 2005 12:06:39 AM

Post# of 30387
Bocxman,
You said:
"Let's take $20 mil in revs, and 50 mil shares outstanding, and a biotech industry standard p/e of 30. That's .38 EPS, or $11.40/share!! Now let's discount back 20% for time/risk and we get $9.12/share"

when you say revenues,you mean earnings?Not clear enough.
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