Baltimore Technologies ( BALT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Baltimore Technologies ( BALT)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tom Drolet who wrote ()	11/2/1999 4:41:00 PM
From: conor00	Read Replies (3) of 66

Calypso and Tom Silicon investor should pay you comission because I have joined S. I. stocktalk and this thread seeing you maintain such a high quality discussion on BALT. My views: BALT is a potential "Gorilla" stock in this sector.I am also keeping an eye on verisign.Have you seen their Nov. 2 press release?Apparently Verisign and eccelerate are cooperating to enable online digicerts for the business to business security market.Will BALT or Verisign {or Entrust/a.n.other}dominate this market? BALT valuation is not based on any kind of fundemental valuation measures which we are used to on this side of the atlantic{I'm in ireland}I have tried to understand the mindset of American investors who are prepared to continue buying stocks at "exuberant" {irrational?} levels.Apparently investors take the sales figures ,assume a "normal" pre tax profit % to arrive at an assumed "normal" eps,and use a 10% discount rate to calculate a current valuation.They subtract this current val. from the mkt. cap. giving a remainder which is the future growth value{f.g.v.}.Based on the assumed "normal" eps,and a discount rate the investor calculates the growth rate in assumed "normal" earnings necessary to equal the f.g.v.If this growth rate is sensible the stock is a buy.However I am not sure what would be an appropriate sales figure , normal pre tax profit % ,or discount rate for BALT.Can you help? When is a stock like BALT a sell?According to Murphy{ctsl}when the pgf equals the growth rate in revenues the stock is a sell.I know BALT intend to spend a proportion of the rights proceeds on R&D but I do not know what the figure will be on a per share basis.Do you know? I'd be happy to hear your views on the above. I bought BALT as zergo and then bought more as BALT.Fran Rooney is highly regarded here in Ireland and it seems U.S. investors like him also. Conor00

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next