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lbdave

03/20/09 11:48 PM

#101311 RE: billyf #101304

Do you see me using any PE ratio or for that matter do you see me placing any share value on the stock? If you look at last year financials, I know they aren't audited, but you will see net revenue vs. net income.... just do the math. Do I know if the net income would be the same percentage this year... no, but that's all we have to go on.
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19cougar73

03/21/09 8:00 AM

#101389 RE: billyf #101304

I used 40% because that is what the profit margin was from last year but don't forget at the open house Jared stated the Profit margin could be higher then 55% for some of the product so even giving someone 10% to sell the product you are still at at least 40% profit