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Microcap & Penny Stocks : ARTM American nortell
ARTM 0.0286-30.6%Jan 30 9:30 AM EST

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To: Savant who wrote (893)11/17/1999 11:33:00 PM
From: michael john stout  Read Replies (1) of 929
 
Here's a little comparison: AT and T sells at 22 times earnings, roughly a 4 PEG retio. Let's say that's a premium and give ARTM a PEG ratio of 1.25. Then if they can grow their earnings 500 percent next year, 500*1.25*.23= $150. Okay, assuming they grow at 25 percent, which could be possible, 25*1.25*.23= $7.50. Any objections to the 7.50 valuation?
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