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Non-Tech : Horizon Pharmacies, HZP= Undervalued, Big Growth Ahead
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To: JKraft who wrote (8)9/28/1997 12:22:00 AM
From: InvestorLady   of 27
 
Thanks. I think it has a long prosperous future ahead. I just hope they can grow exponentially to take full advantage of their business plan. They are buying these things one by one, and closing their current target of 19 a year will take a long time to do though that should add somewhere between $27 and $38 million a year in new revenues. Would like to see them get up to 50 plus a year by next year by expanding their managment team to do this.

Don't know if they share my view, but for now, the stock is undervalued by at least 50% given the price to sales ratio of .6. Should they be able to ramp up to that rate of 50 a year for say 2 years, hello 3 digit stock...:-)

Anette
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