I mentioned something similar on another thread, for another company - the ICQ market cap is $165M... to achieve a PE ratio of say 20, the company would need to earn about $8M in profit each year.
How many more customers would it need to reach such a figure? And how long do you think it would take to acquire those customers? Personally, I feel that it's not going to happen in 2017, nor 2018 unless something extraordinary happens.
ICQ Price at posting:
66.5¢ Sentiment: None Disclosure: Not Held
