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Ubertino

11/14/08 11:32 AM

#17009 RE: BonelessCat #17006

Hard to quantify. Doc S put a 50X P/E ratio and said $1 in earnings would justify a $50 share price. I agree. Now, with no earnings how can one compute a future share price? Based on what? I'd say based on how fast we get $1/s in earnings. In 5 years - using simple math, means, in a straight line graph, we get ~ 1/5th per year for 5 years - ergo - $10 increase in share price/year. That may be simplistic but it appeals to me! ;-)

In 10 years - $5 increase/year.

In 2 years - $25 increase/year.