Friday, August 19, 2005 4:04:14 PM
Realistically, we'll be trading at a P/E of a minimum of 40 and could spike as high as 80-120+. Just take a look at mid caps such TASR, SONS, etc... Look at their history and see how high their PPS went according to their earnings. Their P/Es were ridiculous.
Bottom line, we could see PPS of $2+ when the P/E spikes on a buying frenzy, I'm not saying that it will stabilize there, but it can reach it. You're a smart guy, you know what I'm talking about.
See you at the top.
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