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Re: Gittes post# 73124

Tuesday, 01/28/2014 9:55:57 AM

Tuesday, January 28, 2014 9:55:57 AM

Post# of 81315
Fair enough. But I should point out that I think my revenue numbers are conservative and the multiplier is low...

But no matter...

Let's take the $8,300,000 revenue number and multiply it by 30%and we come up with $2,490,000 estimated net profit.

Take the $2,490,000 and divide it by 3,000,000 shares and you get $.83 EPS. Multiply that by 10 for multiplier and you get $8.30!

Either way you look at it, that number is SIGNIFICANTLY higher than the current pps.