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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted

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To: John Eiderfors who wrote (128)2/14/1996 4:51:00 PM
From: Roger Brown   of 1014
 
John:

The earnigs numbers might prove to be correct...but with only
2 quarters down, who knows (I hope even more!!!) But the PE ratio
should keep climbing, especially if growth is continuos. Many
buyouts such as Helene Curtis (announced today) have PE's much
higher than 20, at the buyout price.

Keep in mind, PE's broadly reflect the growth rate of a company.
Ascend and CSCC eximplify this perfectly almost. ASND's PE is
around 170 and so is their growth rate.

Point being, this PE won't hover around 20-40 very long if growth
continues at good rates over the next 4 quarters or so...

Keep those fingers crossed. All TLTK needs to do is demonstrate that
they are in fact a "new" company. After 4 quarters of earnings at the
latest, this willl hopefully be eximplified in the stock price.
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