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brewskih

09/13/06 1:54 PM

#89034 RE: clawmann #89028

right...based on 1 billion shares outstanding. The pps would be .20 at a P/E of 10
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clawmann

09/13/06 1:57 PM

#89036 RE: clawmann #89028

Of course, if this company ever gets to positive net earnings, a sign that it will survive, I expect a PE much higher than 10.
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jonesieatl

09/13/06 1:58 PM

#89037 RE: clawmann #89028

clawmann, that would be correct.

And I guess I was getting ahead of myself, gotta walk before we can run, so a buck a share in PPS is perhaps too much to worry about right now, .25 would be pretty neat, or .50.

So even at boring foamed plastics business net margins of 3%, NEOM would only need $330MM in revenues to get to $.50/sh at a P/E of 50, or $165MM in revenues to get to $.25/sh at a P/E of 50.

P/E of 10? That sounds like the boring foamed plastics business, that company I'm mentioning trades at a 10 P/E currently.

jonesie