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Microcap & Penny Stocks : Air Methods (airm)
AIRM 42.950.0%Apr 24 5:00 PM EST

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To: Hijacked Account who wrote (118)12/2/1997 7:21:00 PM
From: Mark[ox5]  Read Replies (2) of 877
 
Bill & all,

Have been watching this stock for a month or so and Im sure its been frustrating watch it stall as the market slowly recovers. I decided to re-aquaint myself with the stock since I loosely follow quite a few, and after reviewing it I really like the story more and more.

First of all, on YAHOO there are now estimates for next year and this year (they werent there approx 3 weeks ago).

Bill posted "Next year estimates of .46 cents vs. .23 is 100 % growth in eps. AIRM will have strong quarterly comparions for at least the next three quarters and is only trading at a 8 x multiple to next years earnings. I'm looking for a price of $ 8 to 10 next year."

Well somehow next years estimates are now .57 If that # is true that is quite an upgrade. Probably would be best to call the analyst and confirm the number, since Yahoo is notorious for mistakes on such numbers. But if true...

.57 x 15 PE = 8.50
.57 x 18 PE = 10.25
.57 x 20 PE = 11.40
.57 x 22 PE = 12.50
.57 x 25 PE = 14.25

I gave the range because I have no idea what the "industry" average PE is for this co. Actually for a company projected to grow 100% the PE should be higher than even 25. But anyways, you get the picture.

Also, in IBD today the # of mutual funds owning went up from 3 to 4 sometime in the past 2 weeks. Very Bullish.

I think if AIRM can hit the .10 dead on or even beat it, this should move to the mid $4 range at least. And for a long term investment it looks fantastic.

Plus I just wanted to post since the thread is dead =)

Good luck and will be looking to jump in soon.

-Mark
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