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Technology Stocks : NT Accounting Software (GPSI, PSQL, SOTA, TMBS)

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To: WTSherman who wrote (135)2/1/1998 8:38:00 PM
From: Jalali  Read Replies (1) of 149
 
>>What are the implications of this for a company like TMBS.<<

The sale of SOTA at a PE of 60 should raise the value of TMBS currently selling at a bargain PE of 22.
Few if anyone has figured this out, or why would TMBS be selling so low. TMBS has a better EPS growth history than SOTA, and has no real competition in its vertical construction market. SOTA had much competition from PSQL, GPSI, and other general accounting packages. I have always believed TMBS should be valued higher than SOTA.

TMBS @ PE of 60 x $0.64 EPS = $38
Wouldn't that be nice!
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