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Danno123

01/16/07 12:12 PM

#43235 RE: hayloft999 #43232

Hayloft: Exactly what gross revenue are you projecting a net of $10-mil on?
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snow

01/16/07 1:41 PM

#43320 RE: hayloft999 #43232

hayloft

My guess is that you are too optimistic about net earnings. I know that the average number of shares is lower than 700 million. My view is that close to 700 million gives the best impression of the real state of affairs. PEG can be about 1 for well-established companies at least if it is the anticipated growh rate is not only for next year but several years. In other words a company that can expect to grow earnings per share at a rate of 30 % deserves a p/e ratio of 30.