Added sons at 2.95, iwov at 4.02,nufo at 3.12, and utsi at 16.03. Added an equivalent dollar amount of pfe at 39.00.
The case for sons and nufo at these levels is compelling. Nufo has 50% more cash than its total market cap. Pretty funny, unless you already owned it. Iwov I don't get at all,
but the numbers say its too cheap. Sons is some manifestation of insanity from a parallel universe: if it grows rev's at 40% for the next 5 years and sells at 10x revenues again, as it did three weeks ago, the stock will hit 56. Those are pretty conservative projections, if sons has such a huge lead, and if we aren't going into the toilet for more than another year. Of course, ANY projection is silly in a bear market, but as they say, you pay a high price for a cheery consensus. The bottom line is sons could be a 50 bagger over the next decade,(50% compounding revenue growth over 6 years off of the current 170 million per year pace, and an expansion of the p/s ratio from 3 to 10......even this summer, at nasdaq 2100, it sold for a p/s ratio much higher than that), if they can get the job done. You got to admit at 3, it leaves some room for error.
I can dream, still. |
