Patented Technology worth 30 Cents earnings a (GPRE) Share?

An analyst at Piper Jaffery claims the COES deal with GreenShift is worth 30 cents earnings per GPRE share.  Looks like GPRE made a sound business decision. 

"Alright NO SHOVING!  Lets everyone form a single line to sign a license agreement with GreenShift!  No cutt'ng in or you'll get sent to the back of the line . . . Yes, litigants can get in the same line . . . Yes, ADM you can keep the GreenShift pen!  Geeeze!"  (SKUNK! STOP day dreaming and mow the Grass!  ''yes dear.. ." lol)
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Michael E. Cox, analyst at Piper Jaffray, has given an Overweight rating to Green Plains Renewable Energy (NASDAQ: GPRE), which constructs and operates dry mill, fuel-grade ethanol production facilities.


The positive outlook is mainly due to recent decision of the company to add a corn-oil extraction facility to its ethanol facilities. The payback period of this project would be 1.5 to 3 years and it would add $0.30 to the EPS.
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SkunK