VRDM - Veridium Corporation Message Board

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Technology Stocks : VRDM - Veridium Corporation

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To: Crabbe who wrote (64)	4/21/2006 2:06:09 AM
From: edward62	Read Replies (2) of 133

hi Crabbe, about the current value of Veridium. In one of your previous postings you use an estimated earnings for 2006 of 14m. Combined with the number of fully diluted shares of approx 640m (too bad their site does not give this information). Your estimated earnings per share for 2006 would be 0.0218$ Adding to this the latest news you would now give an estimated earnings of 22m $ over 2006, or 0.034$ per share? At the current price of 0.24$ we get a PE of 7 which is low with the huge growth forecast. Am I on the right track here? If so it seems to me it is reasonable to assume that the share price will increase by a factor 10 in the near term. Or am I missing something? rgds, Ed

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