Hi Guys,
LTBG has broken out--not exactly on heavy volume, but broken out nonetheless. The P/E ratio, now around 30, is still pretty low for a fast-growing small-cap, and a price in the mid-teens seems feasible.
PCS should soon be hitting the streets nationwide, and as you point out Ron, the competition across the wireless industry will become even more fierce. Problems such as customer churn, fraud, etc. will all become even more critical, and LTBG's consulting side of the business, in particular, should continue to see rapid growth. I think we could see a few other institutions starting coverage of LTBG in the next few months, as well.
Go LTBG! I bought at 7, a couple of weeks ago.
Any thoughts on LARS? It's made an even bigger recovery than LTBG in the past week or so, and still seems pretty cheap. |