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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted
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To: Roger Brown who wrote (148)2/15/1996 11:35:00 AM
From: bill small   of 1014
 
Roger,

Much as I would like to agree to your 50 PE ratio for TLTK, I
think a PE of about 20 to 30 on next year's earnings is more realistic
for this company. I realize they are in growth phase where earnings
growth will be far in excess of the PE ratio but it will probably
take more than 4 quarters of exceeding earnings EXPECTATIONS to get
more than a 20 to 30 PE.

But meanwhile the stock appreciation potential is several times
the current price so let's not worry too much about the exact PE.

best.............Bill
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