RE: 120$Don't bother wasting your time. I tried to get that point accross yesterday.
I would say that $4.25 - $6.25 over the course of a year is realistic....taking into consideration about $20MM - $30MM in earnings at the multiple you used (15), which I agree is fair.
But of course, new R&D, new products, new scenarios moving forward could always create better/worse opportunities.
With respect to news....anything pertaining to new sales agreements would be good.....anything pertaining to new partnerships would be fantastic.
BL4