Replies to post #10569 on Veltex Corporation (VLXC)

[pual]

Honestly, I have a hard time justifying a $2.50 PPS.

If all Matin issued is BS, the PPS should be less than $1.00

If what Matin released is true (expected 2005 net earnings of $.92 - $1.02 per share) and I only assume a multiplier of 10, then the PPS should be in the double digits or so.

If Matin exagerated somewhat or wasn't as precise as he should have been, the PPS should be less than $10.00 but for it to be $2.50, his "error ??? would have to be 75% off what he did release ???