InvestorsHub Logo
icon url

DeepBlue1

09/18/05 9:08 PM

#905 RE: chisox pat #904

FWIW...I've always used a PE of 20 X the EPS to get a reasonable valuation for your avg stock, and even if you use the SnP avg of about 15 X EPS, you end up with 15 X .21 which gives you a PPS of $3.15

Now cut that in half because it's not yet fact, but still "Projected Earnings" and you get a PPS of $1.62

Don't know how to cut it down any further for you, but $1.62 is still a 10 bagger from here, and just for chits and giggles, cut it in half again and see what you get.

I'll hold what I have for now and add on dips. Unfortunately I was away from my computer Friday afternoon or I'd have added then.

JMHO of course. GL to all longs.