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rjbluesky

12/02/08 5:54 PM

#294 RE: larlar00 #293

lol. I'm not holding my breath for that. Nice for any short still needing to cover though. Here's the way I see the PPS based on what I know assuming no BK.

$3 bil revs x .50 EBIT = $1.5 bil/.60 (40% tax if any) = $900 mil/150 mil o/s = $6 EPS x 10 PE = $60 Price Per Share or

$350 mil (approx. 2008 profits ttm)/150 mil o/s = $2.33 EPS x 10 PE = $23.30 Price Per Share.

Without BK and assuming the company is currently restructuring the long term bond debt, obviously and IMO this stock is at an unreal low price level on just about any traditional share price formula.

All IMO.
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BigBrian27

12/03/08 3:37 AM

#296 RE: larlar00 #293

LOL, funny since the lowest it can do is probably 0.0001

I think it will go past $1, and not past $5. My guess.