Double digit growth is good. What is a figure for significant higher earnings growth? That means a minimum of 25-30% to me and should give us $1.40 per share. That a 15.7 PE - low based on historic standards for this stock. At $30 the PE would be 21.42 and reasonable based on history. Upward we go.

"During the third quarter we saw early signs of recovery in some elements of the Engineering and Construction segment in the U.S. Additionally, we had a number of large contractual wins in the Mobile Solutions segment, where the pipeline generally remains strong," said Steven W. Berglund, Trimble's president and chief executive officer. "We did see a year to year fall in Field Solutions revenue, reflecting the change in market sentiment within the agriculture market," Berglund continued. "Although economic conditions remain volatile and uncertain, we now believe we have the capability to provide double digit revenue growth in 2010 with significantly higher earnings growth."

Double digit growth is good. What is a figure for significant higher earnings growth? That means a minimum of 25-30% to me and should give us $1.40. That a 15.7 PE - low based on historic standards for this stock. At $30 the PE would be 21.42 and reasonable based on history.