tell me what you think of these numbers X.....and please comment on my previous post which you have ignored....
fiscal year ending: 1996A 1997E
Contract Revenue 12,161 30,276
Cost of Revenue 11,388 23,207
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Gross Profit 773 7,069
SG&A 2,262 3,691
Goodwill Impairment 2,677 0
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Operating Income (4,166) 3,378
Other income net 65 (304)
Gain on sale 51 165
-------- ---------
Pretax income (4,050) 3,239
Income taxes 0 0
Preferred dividend (171) (270)
--------- ---------
Net income (4,221) 2,969
Earnings per share(primary) ($.74) $.43
Earnings per share(fully diluted) ($.74) $.26
these numbers are available out there if you look for them, X.......
as always just my two cents (numbers in thousands, of course)
just my humble opinion.....but if these numbers do become real....thats better then average growth.....you give the company a pe of 20?...the average pe for the sector is around 31x and the growth on this company appears to be better then average......
Lets assume the street sees this as only average growth.....so a pe of 31x.......multiply 31 by 43 cents and I come up with $13 and change....I could be wrong....but I think you are.....$3?....I don't think so.....and neither do you or you would be short.....and you already said your not.....but your not long either......hmmmm...okay, I give up...what are you doing here? |
