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xZx

04/10/08 11:15 AM

#60008 RE: Speedster900 #60007

definitely. just think where the PPS would be if we had a forward PE of 20 instead of 5...
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chevdawg18

04/10/08 11:16 AM

#60010 RE: Speedster900 #60007

Exactly and thats why i have been harping that DR is saying we are undervalued. Because you cannot realistically use a trailing PE with a company that is growing at over 100% YOY.

a Foward PE of 5 is nuts when the company grew over 120% last year. PE's are applied to forcast growth out in the future and the PE could be argued between 20-40 IMO. Which is why we have much much much more room to roam upwards.