Functional Technologies Corp FEBTF

RE: eResearch

[skyhi0]

Thanks guys.... I just found it too. Looks like the $1.25 target IS conservative. eResearch has applied several discount rates and so they say $1.25 in the middle with $1.69 on the high side. They also say that it wouldn't take much....ie: big business or large producer to get on side and the numbers jump dramatically. They go so far as to provide speculation in those areas as well and I believe the numbers were along the ones posted by Sutton6 but still at a conservative discount rate. My earlier numbers.... months ago... failed to apply a discount but otherwise were pretty close. My guess is we will need a financing soon to move this along. I just hope its over $1.00.