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To: Suzanne Newsome who wrote (33643)8/18/1999 1:58:00 PM
From: Phxphenom  Read Replies (1) | Respond to of 44908
 
Assuming your projections are conservative, let's now look at valuations. Suppose our company has to issue all 300M shares. We now have Earnings Per Share (EPS) of 26.6 cents right? That is calculated at $79.80M/300M shares and for this purpose ignores any restricted shares and includes them in the EPS calculation.

OK...what factor shall we use to convert 26.6 cents to a share price?