DaisyTek (DZTK) Nasdaq 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.

Non-Tech : DaisyTek (DZTK) Nasdaq

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Glenn Petersen who wrote (11)	11/25/1999 5:13:00 PM
From: EACarl	Read Replies (1) of 19

Glenn, RE "Discount that by 45% and you are left with $9.13 per share." Why would you discount it by 45%? Based on what similar IPO's have done PFSW could go very high, but let's assume the worst and it goes nowhere. That still gives us a value of about $10.70 plus about $3 in cash DZTK will get , plus the remaining value of DZTK at about a low P/E of 10 * .80 in earnings still adds up to about $21.7. That's basically a worst case scenario. Of course, PFSW could skyrocket and DZTK's part alone could be worth $30 or more, plus once PFSW is distributed to shareholders, I doubt the rest of DZTK will stagnate around 8$. You can't count the past 9$ low as a benchmark. That was before any of this was announced. Using the same argument, I could say DZTK was trading at $23 during the past year without any of the PFSW spin off news. I don't think we should care about the past high or low of DZTK, since news of the PFSW spin off, it is a whole new ball game. Maybe you talking about a short term drop, but the intermediate term value here is undeniable. Regards, Eric.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next