What if you adjust the P/E to a number more appropriate to the PTSC situation, e.g., 20, 30 or 40? While a P/E of 10 may be appropriate for an IBM or TI, or some other company with fairly predictable marginal earnings/ROI, IMO it is extremely low for a company in PTSC`s circumstance. On top of that, you acknowledge all the positive ``what ifs`` that could propel us quickly.

Like T/A (looking backwards), playing with a low P/E (based on looking backwards) makes little sense IMO. Re-examine our circumstance and all those ``what ifs``, then run some numbers. And don`t forget ``emotion momentum`` - if this thing starts to run and the word gets out.....

FWIW, and I KNOW nuttin`!

SGE