CORRECTION:TMSRs current PE at 17.4 (ttm) based upon $.69A fy '97.
source:http://biz.yahoo.com/prnews/980128/or_thrustm_1.html TMSR revenues rose 48% in fiscal '97 and earnings rose 42% in fiscal '97.
other news & comments...NASCAR PRO Steering Wheel packaging now sporting latest reviews from boot, PC GAMER, PC GAMES...although [late?] TMSRs latest release 'ThrustMaster Flight System' significantly highlights DirectConnect, the latest Windows 95 software interface developed by ThrustMaster...allows up to four DirectConnect devices to operate together at one time, with all features remaining fully functional...The ATTACK Throttle is ThrustMaster's first fully-digital throttle, which allows users to experience complete HOTAS game control...the ATTACK Throttle and the Elite Rudder Pedals - both of which will be released as stand-alone products later this quarter..." slowly, TMSR is building/establishing formidable and proprietary PC gaming hardware and software standards [CS Commander ThrustMaster Visual Programming Interface, DirectConnect, ThrustMapper...] in addition to owning arguably the most substantive gaming licences (TOP GUN, FORMULA 1, NASCAR),...management has done a superior job and cannot be faulted for these accomplishments [incl. its 26th profitable quarter...]. There are clearly other issues but not as important as [the above]. It is now clear? management wants to be in a steel-trap position to sustain their [superior] earnings/sales growth coupled with market share/licensing-branding/proprietary technology dominance well into the future in order to sustain superior shareholder returns/shareholder value...It appears management is still building the requisite infrastructure before they upset Microsoft and or it's too late.
We are behind TMSR 100% in this regard and hopefully this thread supports that objective from an independent, objective, and non-insider ex parte financial/investor relations perspective... |
