09-16-2014, 08:39 PM
Hession addressed valuation on the Bernstein call . He stated each T is worth a Billion dollars . Ten T's is Ten Billion market cap etc. Divide the market cap by the current 50 million shares for a price per share estimate.This is another way for valuation in the range of Bernstein's $200 a share estimate with more T's getting us to Bernstein's $300 a share.

