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Deewar25

07/01/06 1:49 PM

#146044 RE: rrufff #146041

I hear ya. I think they have suffered so long with not delivering the goods, that only just now will they get real notice with sustained run. Not sure about your 16 cent projection though, that YOUR guess? They said 5.8million net for 2006 which would be 10.7c earning and then you could obviously assume minimum 6.9m net for 2007 based on full year with Galaxy View, which is 12.6c earning. We are still in a ridiculously low 4-6 PE though which puts this at probably one of the cheapest OTC's out there. Revenue growth of 52% 2005-2006 and earnings growth 114% now with the cancelled shares I assume (now 54.4m O/S). Fair value $3-$4!