separate reality from deams

Hi guys,

Little too much dreaming going on here. As an investor you must look at a few things realistically here. OK, first thing is that anyone looking for $1 in the next 2 or 3 years has been reading too much harry potter! There are 955 million shares outstanding, so $1 sp = a Billion dollar company. (IMI is good, but not nearly that good).

End of 2007 will hopefully see annual t/over of $12.5mil. This is turnover, not profit, so for this example assume this translates to $5 mil profit. This will mean .5cents EPS. Now an P/E for a company like this one might be as high as 20 - 30, which equates to a share price of 10c to 15c. Now we can comfortable add a small premium on this for the "goodwill & Intellectual Property" rights, but this is really already reflected in the high P/E ratio. Remember, if someone comes out with a better product, this company could be in serious trouble given their wide exposure and narrow product range.

I hold a little too much of my portfolio (30%) in IMI so Im not trying to dampen everyones spirits, but please do you research and use your heads on this one. Its no guarranttee, just a good gamble.

d_giff

P.S jaolsa and barnes settle down, lets not turn this into another page of bickering and talking cr@p! A bit less ramping and more informative comments would be appreciated.