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Re: Dutchie post# 10412

Wednesday, 09/28/2005 9:39:29 AM

Wednesday, September 28, 2005 9:39:29 AM

Post# of 19546
These results seem much more believable to me.

VLXC has an NOL carryforward of 1.8 Million, so they should have very, very, little taxes.

That would mean about .13 eps for six months.

Given expected growth, I think the P.E. for the year is about 3. Still very undervalued IMHO.