Replies to post #14911 on Viewer's Choice

[bbotcs]

lj: A forward split would create more shares for institutional investors. And, if would help us peons. I would love to own 100 shares now, thinking there will be a forward split.
But $80K is a lot of money to put in one stock. $60K, maybe. I could raise money by selling some no hopers.

[bbotcs]

lj: SMCI After a few swigs from a jug of corn liquor, here is what I dreamt up.
Assumption No. 1: Earnings will be up 125 percent
Assumption No. 2: Q4 earnings will be $8.10 a share

Facts: Q1: $3.43 eps
Q2: $5.59
Q3: $6.65
Subtotal: $15.67
Q4: 8.10 (est)
TOTAL $23.77
Fair value of stock using the assumptions and facts: $23.77 X 125 = $2,971
Let's be conservative and use a forward PE of 62.5, instead of 125, since it doesn't seem possible for the company to keep up such high eps growth. 62.5 X $23.77 = $1,485.
So. It is possible that the stock is 95-100 percent undervalued.
You know what I mean, Vern?