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dabreeze21

08/24/10 5:37 PM

#85 RE: dabreeze21 #84

By my calculations, if you take last quarter's results, add back in the amortization and subtract the cap. ex. and multiple by 4 to annualize, then subtract from shares outstanding the 18.8M that should go away once a settlement comes through, and you a nice yield on FCF. Use those results with a 10 P/E and the stock is worth at least $0.35. Of course that is a low baseline...should do a lot better and at this price they can buyback 7.7M shares for $1M. A lot of upside potential here...just keep doing what they are doing...