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Technology Stocks : Digital Video Systems Inc (DVID)

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To: Jim Bishop who wrote (7)12/8/2001 1:40:40 PM
From: ChrisJP   of 176
 
The part about DVID's Yahoo profile I liked the most:

Net income totaled $1.1 million, up from $479 thousand (over 9 months). Revenues reflect an increase in the number of DVD product units sold. Net income also reflects a higher gross profit due to a new pricing strategy.

They earned .09 last quarter. That's .36/year ... a 25:1 P/E .... = $9. I wish I had some forward visibility about their earnings, but like you I get the feeling that DVID is gonna experience an enormous sales spike this quarter. :-)

Oh yeah -- I also like the fact they have a 4.5M share float !

Chris
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