IVI Checkmate (CMIV) Message Board

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Technology Stocks : IVI Checkmate (CMIV)

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To: Sultan who wrote (1919)	1/23/1999 7:32:00 AM
From: Ally	of 3721

Sultan, 35% up in price within a week... not bad. Looks like this stock will pay for a new car! Based on Barry's comfort level of 60 cents eps next year, and a reasonable pe of 20, the stock is worth at least US$12 or CDN$18 by next year. I looked at the HYC financial posted here... there is no revenue growth. Yet the stock went higher. So the demand is there. CMIV with revenue and earnings growth over 20% will inevitably be discovered by those sleeping US analysts. They'll eventually wake up and tell the story to the brokers... who then broadcast to their millions of "clients" who will then chase the stock to ridiculous high. That's when we cash in, and head straight to the dealer to pick up a brand new JEEP, and a BMW!

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