Train is leaving the station, page-298

read the threads . .

could weebit geberate 500m revenue . . very easily. they are going to be a very low cost company as others will do the fabrication or as shown in other analysis wbt will also collect royalties from.anyone using wbt patented tech in their reram . . again massive margins in royalties (90% ++). so that 500m revenue would be probably 400m earnings. a standard company has a pe of 8-12. high frowth conpanies significntly more . . and we will be super high growth. even amazon valued at 1.7 trillion has pe of 120. tesla . . wait for it . . has pe of 1200 . . yep 1200. that is the market pricing in massive future earnings growth.

1. so lets say we can have 400m earnings (very very feasible)
2. lets say we are high growth (when the market moves to reram it will be like a tsunami)
3. stick on our patents that assure we will be the dominant market player
4. add the knowledge that this is a quantum leap forward and will likely become the standard for memory for 20+ years like flash has dominated for last 15 and hot just a Pokemon go effect and be exciting for a few mths.
5. combine us with the mite of china and their want to dominate the world market and feasibly we could have 20+ purpose built new prod facilities pumping these chips out in 3/5 yrs
6. add that the memory markets, as they are today never mind those that will evolve with AI etc, are huge huge markets.

stick all that together . . = high high high . . stupidly high growth

400m earnings . . gives

super conservative : 10 pe / 4 bil market cap =$40 per share
base model: 20 pe / 8 bil market cap = $80 per share
likely model: 50 pe / 20 bil market cap = $200 per share
amazon pe /120 / 48 bil market cap = $400 per share

now rework those numbers with $1b earnings which i truly feel is totally feasible with what ReRAM will be to the world of technology on this planet and you get:

10pe/10bil/$100
20pe/20bil/$200
50pe/50bil/ $500
120pe/120bil/$1200

end of the day the market will decide but what we see every day in the absolute top end diamond stocks and tesla is the perfect example. when companies can execute a total new way the market will price them ridiculously . . 1200 pe!!!

so for me . . what is the downside. well ultimately 100%. what is the risk adjusted upside - between 5000% and 20000%.

all of this is predicated on weebit priving prod fabrication . . well ubderway and ReRAM becoming the market standard and everything at the momemt is pointing to that happening as early as 2021.

there is some big blue sky thinking for a wednesday

just my opinion / dyor.