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Re: shore18 post# 36454

Tuesday, 03/05/2013 2:52:57 PM

Tuesday, March 05, 2013 2:52:57 PM

Post# of 92238
Don't confuse profit with revenues. They are a long ways away on the profit side. Anyone know what the company is modeling as it relates to profit. I do believe that they can grow to $150M in say 2 years but what will they drop to the bottom line on that number. Can they make .25c per share. That would be a $50M profit on $150M rev. That would be 40 PE or $10 per share. Cut the earnings in half and use 200M shares outstanding. That would still be a $5 stock price. I will take it.