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Strategies & Market Trends : 50% Gains Investing

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To: IEarnedIt who wrote (11214)	10/16/1999 10:06:00 AM
From: Dale Baker	Read Replies (2) of 118717

I am very curious to see whether DIGL holds its gains on Monday or the traders bail after an opening gap. The other question is what sort of price/sales ratio DIGL can carry now that its growth bona fides are established. With a run rate of $60-70 million in revenue, the current 6x sales gives you about $12 per share while 10x sales could vault you over $20. The industry P/S is 7.77, which yields a $500 million market cap and a share price around $18. Still nice move from here. I think I will decide about 30 minutes into the session on Monday. But I am glad to see DIGL finally flourish.

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