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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted

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To: who wrote (1005)5/27/1996 1:26:00 AM
From: David Luckie   of 1014
 
Regina,

Based on company estimates, the company will likely earn between $0.14 and $0.17 per share this quarter. That brings earnings for the last 4 quarters to about $0.42 per share. The quarter ends June 30, the report is due sometime in July.

Currently, at $7.00 ask, TLTK trades at a price that is 28 times the earnings of the last 4 quarters. That means the price has a good chance to top $11 by late July. The company also has a strong balance sheet and improving cash flow.
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