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FillTheGap

03/09/07 7:48 AM

#45574 RE: swifty714 #45573

With the O/S so high they will have to R/S to get to that price. I don't see 5.6 billion x $3.00 using a PE of 20 do you? Let's say they buy it down to 1 billion shares (not likely) do you see $500,000,000.00 (using the same PE of 20)? That math won't work. Until we get down in share count we will most likely stay where we are.

If someone else knows a better way please let me know.
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janeverite

03/09/07 9:15 AM

#45587 RE: swifty714 #45573

I think Nasdaq is a ways a away and I think they company is aware of that, but they are looking to go to a higher exchange which is good, so we begin with audited financials, so let see what happens between now and the 15th.
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fenian

03/09/07 11:28 AM

#45613 RE: swifty714 #45573

if we go to 3.00 a share....i am learning spanish.....never ever working again too...lol..lol