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Re: None

Tuesday, 08/30/2005 5:04:31 PM

Tuesday, August 30, 2005 5:04:31 PM

Post# of 23107
Please correct me if I'm wrong. If IDWS earns $0.25/share, with a P/E ratio of 40, that would take us to a share price of $10 a share.

So the sky's the limit? If we stabilize at a P/E ratio of 40 that's a $10 pps but if we fluctuate to a P/E ratio 80 for a brief moment that equates to a $20 pps, P/E of 120 then $30.

I'm assuming that we carry an undervalued PPS b/c:

1) We've only been existant for approximately 60 days since the IPO so we're extremely unknown to the market.

2) of the exchange we're on. Once we move to more credible exchanges then we can expect the PPS to appreciate rapidly. According to their PR, we can expect to be on a better exchange before year's end.

So my conclusion is that we're a hidden gem waiting to explode in a relatively short time frame (under 1 year). Please correct me if I'm wrong.

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