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Technology Stocks : TNCR, the MOST Undervalued Semi-Equipment Stock

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To: Tassi who wrote (255)6/25/1996 1:22:00 PM
From: Getrich Won   of 362
 
Getting all my money back in 7 years, not a bad idea.

Mohanad:

Thanks for the info. If the brokers' revised numbers are the approximate future earnings per share. I am very happy to hold onto TENCOR.

For those who don't know what earnings per share are, that is the amount on how much a company will make per year.

If I assume earnings is 2.50 / year (a low end estimate). At the price of 17.50, the price I paid for my shares will be earned in 7 years (17.5/2.5). Any money that Tencor makes after 7 years will be pure profit for me (not even considering the appreciation of price within this coming 7 years). It sure sounds better than AMER, IOMG or Presstek which have P/E ratios in hundredth.

And of course, a company like this one who doesn't have much long term debt could hardly go bankrupt. Besides, they are consistently generating lots of earnings.

I consider Tencor a sound INVESTMENT, but definately NOT suitable for those who wants to GAMBLE.

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