That was a great chart on the SI posts, sure looks like we are headed out of the correction, same as always, climbing a wall of worry.
Wondered what you think of WSTL, under the BRL, it rallied from 15.5 to 25 in April, pulled back to 20, went to 29, and now again it's at 20 7/8, having touched 20 today.
Their is a CEO call from Chase HQ this morning, where he says estimated 2000 revenues for the year completed are 117M revenues, with estimates for next year of 322M. They report next Thursday and he stated that they would increase the estimates for next year in the release. This is a 1B market cap, so it will be at 3-4 times sales at next year's sales.
They are a DSL equipment company like EFNT, NTPA, CMTN, except that they have been around awhile (slow growth until now). Those companies even after their recent haircuts have PSR well above mid 20s.
(edit: Oops, I thought I was replying to Jan on her chart.)
Thanks,
Ketan |
