A super Growth stock, 160 million+ in revenues thus far in 2008.
Thats almost double last years revenues in only the first 3 months. If the next 9 months are similar we could see a 7x change in Earnings per share.
If that were too happen, fundamental valuation for this :
That would be amazing, 7 x .21(2007 EPS)=1.47
Times average P/E of 30= 1.47 x 30= $ 44 per share.
Now Growth stocks tend to have a higher P/E, when you use 50 the numbers are even more staggering. 50 x 1.47= $73.5
Bottom line stock is grossly undervalued!