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Technology Stocks : ITC^DeltaCom (ITCD)

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To: Oeconomicus who wrote (5)11/20/1997 3:25:00 PM
From: Oeconomicus  Read Replies (1) of 30
 
First Call Consensus Estimate
Current Qtr. (Dec 97) -.17
Yr. Ended Dec. 97 -.52
Yr. Ended Dec. 98 -1.20

At $16, with 24.2mm shares out, Mkt Value of equity is about $387mm. Debt is about $213mm. Cash is about $125mm. Revenue, based on last qtr annualized, is about $120mm.

How to value this is the real question. Do you base it on the physical assets, i.e. the size of the network in place and its value to a bigger player? Do you base it on the revenues? How fast are revenues expected to grow and where's breakeven?

Lots more questions than answers. Anybody have any of the latter?

Bob
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