PLUSNET. Prospective P/E of 5. Time to buy...

Ok, so to kick this off. We have a price now of around 105p and a P/E of 5.

Forcasts for 2007 are for 37% growth in eps with further growth in eps of 42% the following year.

At 400p awhile back, there was no doubt that this was a short as is stated in the bear thread. However, with a P/E of 5, with directors piling in, IT IS A BUY.

Andy