Bioelectronics Corp (BIEL)

[Simpsonly]

Hey edbi
Using your formula in 29491 and tjshooker's number in 29494 the shake-out is -

YOURS
BIEL pps ~.35 (1% of 10 billion dollar market)
The worldwide market for THERAPEUTIC AGENTS IS $$$
$10,000,000,000 (10 BIL), (1% OF 10BIL=100MIL REV. @ 60% MARGIN (MARGINS FOR BIEL HAVE BEEN OVER 60%) = $60 MIL PROFIT DIVIDED BY ~2.7 BIL SHARES OS = $.022/SHARE @ PE AVG OF 16 = $.35 PPS,,,,,and that's not hyping to much.....BIEL will prevail !!!!!!!!!!!!!!!

REVISED
BIEL pps ~ $1.244 (1% of 35 billion dollar market in 2015)
The 2015 worldwide market for THERAPEUTIC AGENTS IS $$$
$35,000,000,000 (35 BIL), (1% OF 35BIL=350MIL REV. @ 60% MARGIN (MARGINS FOR BIEL HAVE BEEN OVER 60%) = $210 MIL PROFIT DIVIDED BY ~2.7 BIL SHARES OS = $.0778SHARE @ PE AVG OF 16 = $1.24 PPS,,,,,and that's not hyping to much.....BIEL will prevail !!!!!!!!!!!!!!!
END

Let's say this is off by 75% - I'm a cautious fellow - is 31 cents so bad? Off by 90% = 12.4 cents? Pick a number.