NORTON DRILLING (nort nasdaq) FORMERLY DSIC Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : NORTON DRILLING (nort nasdaq) FORMERLY DSIC

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ChrisJP who wrote (203)	2/11/1998 9:26:00 PM
From: Hunter	Read Replies (1) of 295

One more time on the math. Looking for your comments on same. From previous news releases, income per share for 3rd qtr 97 was 9 cents per share. Income for first nine months of 97 was 8 cents per share. The 8 cents per share is what current P/E multiple is based on. The market is trading NORT at P/E of 18 to 19. Now if last quarter for 97 is anywhere near the same as 3rd quarter we are looking at another 6-9 cents per share income in 97. That equates to 14-17 cents per share for all 97. At current P/E that equates to 2.40 to 3.10 per share. Seems like a real safe bet to buy more now at 1 1/2 per share. Sorry for all the numbers but I want to buy in the morning and I am looking for others to shoot holes in my numbers and analysis. Thanks in advance.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next