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snow

05/23/20 3:18 PM

#107922 RE: MoonLambo #107914

Moon I have checked the 10Q. As I stated that company had been having a a Ioss of a few miIIion doIIars every year up to 2020. During the first quarter the market changed a Iot owing to the corona virus and the company started making money. As with PCT it is this year that counts and not the past when market conditions were totaIiy different. Therefore I think numbers shouId be bases on what has happened this year. The pps of that other company is up about 2,000 over the Iast 12 months. This fact aIso suggests that it is not very meaningfuI to base a p/e ratio to a great extent on what happened Iast year.