Tridex Corporation Message Board

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Technology Stocks : Tridex Corporation

TACT 4.640

-1.9%

Oct 30 3:58 PM EDT

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To: Richard Rose who wrote (37)	9/23/1997 8:23:00 PM
From: David Bauerle	of 49

Richard, I do like this stock, and I bought into this stock about a year and a half ago when it was $8, But you must becareful of your valuation with this stock. The last 4 Qtrs EPS for this stock total $1.81 giving the stock a current PE of approx 4. This does not give a true measurement. Most of those earning are a direct result of the Sale of TACT. Analysts forcasts for Fiscal 97 earnings is only 13 cents giving the Stock a PE of approx 50. The reason why I beleive the Stock is so strong is not due to its PE, but due to its management, and its cash reserves. I'm not an accountant, and can't give you the true lingo, but it is not abnormal for companies to have a debt to asset ratio of 30%. So if Tridex takes the 15 Million in cash, and leverages it by 30%, they have $19.5 Million dollars towards purcashing new divisions, or expanding its current subsidiaries. Both of which should boost future profits. David

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