PJS, actually, I have a couple problems with the Flashw post I re-posted:
1) "TUESDAY: PRESS RELEASE for 2nd quarter earnings .08/share; and, from the last 12 months .34/share."
While the 8 cents EPS are in line with my own projections, the 34 cents for the last 12 months (1998, I imagine) is clearly incorrect, as it should be 11 cents.
2) "UPCOMING PR: Filing for Nasdaq in about end of July;
Accordingly, listing on Nasdaq expected to be complete and final in three months."
There is a good chance that ZSUN may decide to list on the AMEX instead of NASDAQ and 3 months may be a little on the short side.
(3) "COMPANY'S PRICE FORECAST: $15 -$30 in 3 months period and added that some argued it may reach $60".
My own forecast is based on EPS of 32 cents for 1999, a PE of about 100 (approx. half of that of PCNTF), giving a share value in the $30.00 to $40.00 range by the end of 1999, bearing in mind I am a biased long.
Regards, F. Goelo + + +
|
