At fridays close and forecast top of range 2008 EPS of 7 cents...

At fridays close and forecast top of range 2008 EPS of 7 cents and 8.5 for 2009 we are ;looking at a PE of 8.4 FOR 2008 AND 6.9 for 2009.
If it gets down to 50 cents then the PE's become 7.2 and 5.9 respectively.
It is likely at least 2009 EPS will be greater than forecast.
Considering NMS has a growing global market and is a definite growth stock (no maybe's here)there is a lot of value at these prices.