about to run, page-89

fundamentals vs spec-traders Who do you think will be holding on to this stock long after the short termers have traded it?
I'm not just talking the techies, but also some of us who combine some FA and simple TA( especially in my case it's pretty simple and pretty amatuerish)...well, imho it will be those on the FA side of things who have weighed up the risk vs return calculation.
When the FA analysts/accontants/research houses are priceing companies they look for earnings don't they ?
Where's the earnings with PRR ???
They could earn $50m per year in the three years time or they could be still relying on gov. grants and shareholders.
Let's be moderately bullish on the science but ultra conservative on the milestone fees/upfront licencing income and other ongoing potential income which will produce royalties.
Let's say about 5-10 % of everything that PRR has rights to , actually turns into a revenue stream.Let's then say for example that revenue straem is between $5 and $10m . Now you gotta remember we're talking about a growth story here -not a mature dinosaur with a PE of 10 or 15- so anything from say 30 to 40 could be a good figure to use...
And hey presto ther's a bit of specbuying with some type of FA thrown in and a valuation analysis which creates perhaps a target price that I personally will be looking for with PRR in the next 6-12 moths.