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lordwinmore

11/09/07 11:23 AM

#14284 RE: __sparks #14283

HI THERE SPARKS

DID YOU WATCH ANY WWTBAM WHILE THERE?

i find our stock is extremely undervalued. .32 isn't the top either .Any thoughts:


WITH REVs=$1,481,462 extrapolated on a conservative basis is a tad under $.07 per shares. Given the P/E ratio of let's say 28. We have a share price based on the technicals of $1.96.............do the math!


$1,481,462 x 4 (quarters) (note net earnings is on a positive slope higher. This says given all we have (data) annual earnings should easily approach $5,925,848.00. Given the shares outstanding of exactly 84,860,000. Therefore $5,925,848 /divided by 84,860,000 =
.06983 projected earnings per share. Whereas we are trading at a P/E of approximately 28, one will realize that the stock should trade somewhere between $1.65 to $1.95.