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What P/E ratio are you using? After today's fall, Bristol Myers Squibb at 30X earnings and SNY at 15Xs with JNJ at 23 Xs earnings with 195B Mkt cap @ 2.75B shares.
Medtronic is 12.65 X earnings with 42B cap @ 1 Billion shares.
Or is your $10/share before any sales? Just spec price upon approval?
Later - $4B earnings X 15 = $60B / 500M sh = $30/sh
Later - $10B earnings X 20 = $200B / 500M sh = $100/sh
What is the upper limit of future earnings? Who knows? Not me.
