Re: The dip...SGE - CenturyCom - Envexed
in response to
by
posted on
Oct 27, 2007 05:57PM
We're still singin' the same tune. Perhaps we're being too optimistic, perhaps not optimistic enough.
As we "talked" the other day, you are IMO being conservative with a P/E multiple of 20 when the industry average is 39. But maybe that's appropriate "up front". But then I look at what may come next (soon) - a settlement with one of the many, many big boys (TXN, MOT, IBM, AAPL, SUNW, LG, Samsung, etc., etc.) for something reasonable like $50M. Suddenly our furture looks a lot more definitive. Still 450+ to go. P/E then?
Apologies to those who do not share my optimistic view. I KNOW I'm probably getting a little carried away. And my "story" is getting redundant ("I'm building a repetition" LOL), so I'll try to STFU about it. And to that some are probably saying.....
"Ex-cell-ent!"
SGE