NewMarket Technology (fka NWMT)

[thechamber]

NMKT does not have a P/E of 9. SOrry.

$1.2 Million in three quarters and about 100 million shares. Their Third Quarter showed $965,000. Let's say they have an identical quarter in revenue and income for the Fourth.

That would mean they would have income for the year at 2,165,000. Assume 100 million shares outstanding and you get a P/E of 46--which ain't bad for a company tha just grew 100%.

And the other way to look at it is the Price to Sales( P/S }ratio would be 0.76. Unbelieveable for a company growing this fast with a real bottom line. If you gave it a low P/S of say, 3, NMKT would have to be at $1.30.

But, the key is what will they be able to do next year? It would help if they could grow another 100% to $100 Million and a better bottom line (better meaning a higher % of revenue to the bottom line).

If so, $1.30 this time next year will look conservative.

IF....lol..but enough for me to be here for at least until First Quarter 2006's financial filing. JMO...we welcome yours.