Hi Suzanne - this is a projection based upon $ 13,500 per school for LL.
I also think we are lowballing the P/E projections based on most internet stocks that I have seen. However, I am in favor of being conservative and then being pleasantly surprised. :~)
For example, NTBK has a P/E ratio of 183. biz.yahoo.com
Regards,
Phil ===================================================================== Projected Share Price Given: Schools...Earnings..........O/S..........EPS...P/E:10..P/E:20..P/E:30..P/E:40..P/E:50..P/E:60
1000 13,500,000 182,573,082 $0.07 $0.74 $1.48 $2.22 $2.96 $3.70 $4.44 2000 27,000,000 182,573,082 $0.15 $1.48 $2.96 $4.44 $5.92 $7.39 $8.87 3000 40,500,000 182,573,082 $0.22 $2.22 $4.44 $6.65 $8.87 $11.09 $13.31 4000 54,000,000 182,573,082 $0.30 $2.96 $5.92 $8.87 $11.83 $14.79 $17.75 5000 67,500,000 182,573,082 $0.37 $3.70 $7.39 $11.09 $14.79 $18.49 $22.18 6000 81,000,000 182,573,082 $0.44 $4.44 $8.87 $13.31 $17.75 $22.18 $26.62 7000 94,500,000 182,573,082 $0.52 $5.18 $10.35 $15.53 $20.70 $25.88 $31.06 8000 108,000,000 182,573,082 $0.59 $5.92 $11.83 $17.75 $23.66 $29.58 $35.49 9000 121,500,000 182,573,082 $0.67 $6.65 $13.31 $19.96 $26.62 $33.27 $39.93 10000 135,000,000 182,573,082 $0.74 $7.39 $14.79 $22.18 $29.58 $36.97 $44.37
Projection based on $ 13,500 per school (i.e. 500 kids/6 cards/$4.50 = $13,500) |