ENTU at $25 1/8, That's a bargain compared to VRSN,trading at $123 1/2. It's worth $67. Possible scenario in the future... for technical support and security purpose, ISPs, Portals, eCommerce S/W and even big eCommerce retailers need digital certificate solutions... That means AOL, YHOO, AMZN, BVSN,etc.... They will buy out ENTU or VRSN.
Analysis(3rd Qtr)
-----------------
........... ENTU VRSN
Revenue... $ 22.6mil $ 22.8mil
Growth rate 74%------ 116%
(Y-to-Y,revenue)
EPS(profit)+++++.05++++.03
#of shrs ---55.7mil ---57.6mil
(diluted)
MKT Cap.---$1.35bil---$7.0bil
In terms of market share in digital certificate solutions in the Internet, ENTU has #1Mkt share.
No reason it's trading at $25.
First Albany put Strong buy with a target of $38.
suppose a half of VRSN's MKT Cap, It's worth $67. |
