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Technology Stocks : ZOMX - Zomax, Inc.

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To: michael meyers who wrote (111)3/19/1998 10:21:00 AM
From: Grommit  Read Replies (1) of 322
 
Michael,

I have not seen the $1.10 in Zacks or Yahoo and as far as I can see only one analyst is following the company. If I was invested in this company I would give them a call and see what guidance they give. (And I should have called before selling out -- lazy me!)

In the good old days (a few months ago) I would felt that this company would deserve a PE multiple of 40 or so, and felt that the fair value now would be 40 * .52 = $21 right now. But I now temper that and am content to be out since their PE hit over 30.

If they do hit the $1.10 in 2 years, the stock should be $25-$35. I think there are better opportunities and wish you all well.

I've been lucky, I have not sold and now have a nice double in 6 months. I know, since you were one of the first posters on this thread. It was a good one!

PS - If the .69 is good for 1998, then are we looking at 30*.69 = $21 a year from now? (With one analyst and the new factory, and changes in PC industry someone needs to get first hand guidance!)
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