Just thought I'd try to help Jason answer one of my questions, since
he doesn't seem interested in exploring the bullish case (and since
it's raining here and the Redwings haven't started playing yet, so I
have time to kill).
Another table;
2001 2002 2003 2004 2005 2006 2007
EPS $4.79 9.29 14.66 20.67 26.34 31.97 38.19
Growth Rate - 102% 64 47 33 26 24
Assumed PE 25 25 25 25 25 25 25
Stock Price 120 232 366 517 658 799 955
I'd say a PE of 25 is pretty conservative. It seems the numbers
certainly back up a bullish case, now all that's left to do is to
debate whether or not the company will be able to execute. The way I
see it, those of us with the guts take the big risk and buy now.
Those like Jason wait for the black and are the ones who will be
buying our shares from us for $366 a share. Now that won't be a bad
arrangement, Jason.
Another point, Jason, the experts predict the size of the telecom
market, out in I believe the year 2005, will be $350 Billion. This
probably includes local, LD, Internet, and maybe video. WinStars
projected revenue only amounts to 1.3% of this, so get off your 1/6
of the workforce number. One percent of the market and WinStar will
be very successful. |
