the current state of play, page-7

Oh and one more thing....

If this stock went up 300% tomorrow, it would still only be at ~10 times FY09 earnings and only 5 times FY10 projections!!


IMO it is conceiveable that we get to a PE of 10 times FY10 projected earnings over the next 12 months.

That would make this a 1 Billion dollar company and a near ten bagger for moi. Too big from the market to ignore.

I am not even talking big numbers here in terms of valuation multiples. A 10 PE is peanuts for a company that has sustained such growth for 2-3 years.