Re: I CANNOT BELIEVE SOME OF THE INTELLIGENT, LONGTERMERS - Sunpoop-Jefother
posted on
Jan 13, 2015 04:15PM
Jef, I strongly disagree with you. Multiples reflect not only current revenues but factors such as future revenues.
Also 100 million in annual revenues is not much in my opinion. And I'm not saying that is happening right now But it could develop if Edig continues to grow.
In today's economy, 100 million in cash only buys 200 homes. If Edig technology evolves into ubiquitous technology then 100 million could be a low estimate. 100 million is huge for anyone but not for a public company IMHO!