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KauaiPI

11/26/03 10:43 PM

#4842 RE: holter49 #4841

holter~thanks for the *Happy* and back atcha... as for "dreaming", well IMO there is nothing wrong with that...

GolfD's method for establishing a PE "value" based on his earnings formula is right on target. Where I may disagree with him in that scenario is the application of 15x ... that was where the speculation came in and for the sake of argument, there is no reason to assume a PE of 15x will stick! Could be much higher or lower ...15x might be in play but in any event, it does give folks here a means to guess and dream ....

Now where are the "contracts" -- *revenues* -- and most importantly the PROFITS lol

best to all!
kp