Re: Warren Buffet says know the company and don't pay

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richardo

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Re: Warren Buffet says know the company and don't pay

in response to

Warren Buffet says know the company and don't pay

billwilke

posted on Nov 10, 2006 06:35AM

Bill, at $.07 per share earnings for the fiscal year the current P/E is 10. Using 15 at a minimum, the share price should be $1.05, or 20 would compute to $1.40. Of course normal financial tools don't always apply to OTC stocks.

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