Teletek (TLTK): Relaxed and Holding Message Board

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Technology Stocks : Teletek (TLTK): Relaxed and Holding

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To: Tony Harper who wrote (2170)	10/1/1996 9:19:00 AM
From: RetiredNow	of 3645

O.K. Guys, here's a preliminary estimate: Most stock quote sites are showing TLTK with a P/E of 15.73. That means at current price of $4.875, we're looking at $.31 per share for YE 6/30/96. If the above is true, that would mean that TLTK earned $.07 per share in the 4th qtr 1996. If there are 13.5MM weighted avg shares for the 4th qtr, then net income was $945K, which is 5.6% of the $16.9MM in revenues. I'd say this is right in line with what everyone expected. It shoes lower % earnings due to restructuring. I hope this at least takes everyone off the edge of their seats. I think it's a pretty good estimate of what happened. Until we get results from EDGAR, good luck!

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