In addition we must consider the use of the funds generated from the settlements. These funds may be utilized for product development and acquisitions. Using a net profit of 10% and applying that on Revenue of 480 million (to generate the same net of 48 million as the settlements), which is being very generous in the early years and perhaps high over the ten year time, the total income generated from operations and settlements would equal 96 million per year or $.32 per share and using a PE of 10 the pps equals $3.20 or $4.80 using a PE of 15. These calculations don’t include federal taxes and would further diminish the earnings per share.
I stand corrected...Hard to imagine being tired enough to miss this large paragraph when skimming through :0 What about aquisitions? don't you think they could do much better than what you're projecting?
Coyote