Second Wave Petroleum Inc SCSZF

GetThere vs SCS

[vandenp]

GetThere: $757M / $17.75 = ~43M shares Sales are about $30M per year (6.6M * 4) Currently not profitable. SCS: ~43M shares Current sales are AT LEAST $1.5M this year. Currently not profitable. You can probably see that SCS currently has 20 times less revenues. This could then justify a share price of 20 times less then what GetThere.com just received. $17.75 / 20 = $.89 per share So if SCS's sales increase to: $3M = the share price would be $1.77 $6M = the share price would be $3.55 $12M = the share price would be $7.10 $24M = the share price would be $14.20 Anyone else getting a little excited? :) P.S. This is what I am basing the above on: FORT WORTH, Aug 28 (Reuters) - Sabre Holdings Corp. (NYSE:TSG - news), operator of the world's largest computerized travel reservations system, said on Monday it would cut 11 percent of its work force and buy a Web-based business travel supplier for $757 million. Sabre also said it had agreed to buy GetThere Inc. (NasdaqNM:GTHR - news) for $17.75 a share to strengthen its presence in the business of supplying travel services to corporations. GetThere reported a net loss of $10.7 million on revenue of $6.6 million in its fiscal first quarter, ended April 30.