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greatgreat2

02/08/10 12:40 PM

#99777 RE: mangan #99776

I agree MLR LITE
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MLR_Lite

02/08/10 12:46 PM

#99780 RE: mangan #99776

I don't it, already ran from .0001 to .109
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caltrader

02/08/10 12:47 PM

#99781 RE: mangan #99776

Let's assume for a minute they only get Korean approval. No US yet.

A population of 50 million with 175,000 doctors. Not counting hospitals, vet clinics, horse tracks, agriculture.

Say they sell 50,000 units. At an average of $17,500 (half 1 sensor and half 5 sensor). That's $875 million in sales and doesn't even factor in the software license.

With annual sales of $875 million you don't think a market cap of $750 million is attainable?

Not saying it will happen tomorrow but with KFDA approval its not out of the realm of possibility to sell 50,000 units in Korea alone.