For those who may not know. PE is a price earnings ratio. The average technology stock usually has a high PE value compared with shares in general. Figures quoted are often in the 50 to 80 range.

So assume poet gains an average PE value of say 60 (that the average the pundits tell me in various publications) when its revenues are declared. That is not an unreasonable figure given reveunues will have an effect of share price and this is an allegedly disruptive technology. Then if it obtains a couple of $15 - 20 million NRE incomes and starts getting some revenues from licensing, royalties. etc. it is not difficult to see an annual income of $40 million in the next 12 months.

If the above bears any resemblance to reality then you can work a share price. Assume there are 230 M shares issued. The earnings (the E part of PE)per share = 17.4 cents per share.

Therefore if PE = 60 then the share price should be $10.4.

In other words, if POET behaves like other technology shares and why not, then reveues of 40 Million dollars per annum should see this share price. Nice eh! and more to come.

David