Good to have you back on the board. Hope you brought your buddy the Shadow along. Are you in agreement with projected earnings per share by RedChip for 09 and 10? For some reason thought they were projected a tad more?
Hi Dave. My 2010 estimates are more than those of RedChip. My revenue projection is higher and my $.61 EPS is five cents higher. But I talk about their numbers because they are a very visible company with widely distributed data. Also, if their estimates support their $11 target price (which is 95% above today’s close), that will be acceptable anytime since historical stock market annual returns average just 11%. And for CHWY, $11 is just the beginning. The alternative energy play in China is just warming up. Yes, I will be talking to “The Shadow” this evening and may put up a post later with his words if he instructs me to do so. You don’t cross “The Shadow”. It is good to see this board fired up. Jan