SI
SI
discoversearch

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 : Geoscience Corp (GSCI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Hudson who wrote (6)6/4/1997 12:58:00 AM
From: Michael Collins   of 11
 
I am looking at this as a possible buy in the future as part of the
"oil" section of my portfolio. My #1 criteria is that a stock
trade at a significant discount to its projected growth rate and
GSCI fit that bill very nicely. Don't remember the exact numbers
off hand, but I set a personal price target of $13 1/2 in a year.
However, I am conservative always in my projections and this assumes
that the stock still trades at a discount to its projected growth
rate (i.e. some people say to value a stock in line with its growth
rate so that a company who is expected to grow earnings 20% a year
for the next five years and is estimated to earn $1/share in a
year should, by rule of thumb, be at $20 in a year. I look for
stocks that fit the above criteria but I set the target at
$15).

Sincerely,

Michael Collins
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext