***wait for the bullish break!!!, page-8

re: cst gets some press (the age) G'day tosca,

You say:

"market cap around $500 million. = 2008 forward pe = $500m/ $17.5m = 28 ish.

not really all that compelling? "

Actually, a pe of 28 is not at all scary for a company at this stage of it's evolution (rapid growth).

However, just to ease your mind a little, the article had the Market cap wrong. Even before today's fall, the Market cap was actually about $409m (yes, including escrowed shares). That brings the pe down to 23.

And that is all based on the very modest sales projection that you have quoted.

There are one or two other errors in the article. The US market is actually 15m tests, not 10m.

The float price was 25c, not 20c.