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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted

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To: Parrish who wrote (550)3/19/1996 7:17:00 PM
From: Jim Privat   of 1014
 
Parrish, you're right that I only used 3 quarters of earnings for the
projection. That's partially because I'm not sure what the earnings
were for Q4 of last year; however, I'm guessing that Q4 was probably
approximately a break-even quarter, so that the last 3 quarters earnings
roughly equals the last 4 quarters of earnings.

(By the way, most of these numbers are taken from previous posts in this
thread, meaning Roger and others really did most of this work. I'm not
really adding new content, just summarizing)

One other thing . . . using a 30 PE ratio for projection . . . I picked it
because it seemed to take a middle ground between the highest and lowest
PE's that people on this thread thought TLTK deserved. Is it right?
Who knows???!! But it does help to at least get a ballpark feel for the
value of the shares.

Jim
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