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 : Information Architects (IARC): E-Commerce & EIP

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gerald Underwood who wrote (2347)9/12/1997 5:25:00 PM
From: tech   of 10786
 
Gerald,

At $50 million gross FYE 1989,

[ 20 million shares outstanding ]

[ avg. salary $60,000 ]

[ number of employees = 500 ]

The est. payroll cost would be $30 million

The "other expenses" would be $5.1 million
(other expenses = 17% of total payroll equal to FYE 1997 factor)

Total expenses FYE 1998 would be $35.1 million

Total net revenues FYE 1998 would be $14.9 million

Net EPS for 1998 would be $.74 per share with only 20 million shares outstanding.

At 25 million shares outstanding EPS for 1998 would be $.59 per share.

====================

At current prices we are trading at a P/E of 31 times 1998 EPS. with 20 million shares outstanding.

At current prices we are trading at a P/E of 39 times 1998 EPS. with 25 million shares outstanding.

Unless ALYD puts out some kind of revised estimates or changes the number of employees needed, the stock is as of right now overvalued.

IMO.

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