The company is expected to earn $ 3.91 in 2009 which puts PE on projected earning, counting the 33 percent appreciation today, at slightly above four times earnings.

Here is the amazing part: This year earnings per share will exceed last year by 110 percent. Further, analyst expect another 25 percent rise in earnings in 2010. Thus, in terms of the key metric: Price Earnings Relative to Growth Rate, the company is selling at PEG of less than .50

ASSUMING A MODERATE PE OF 10 FOR NEXT YEAR EARNINGS, BY EARLY NEXT YEAR THIS STOCK SHOULD BE SELLING AT $ 40.

Am I missing something.

I took a position today but expect to add to it significantly once I do a more elaborate DD on balance sheet, income and cashflow statements.

SEC does not provide financial statements on Yahoo. Does anybody know how to access the latest 10Q? Thanks.