To Donald and All: Based on a recent study on 111 companies in communication sector, this is a $20-25 stock, given the current market, communication sector's condition, and the company's fundamentals. Even it may take a whole year for this issue to reach its 'fair' price, you can see a more than 100% gain from here. I posted background information and statistical results of this study in some detail on DSC Communication thread #533). You may want to take a look at it.
If you have investment in any other communication company, you may want to check its standing relative to it peer in the same sector. You can simply insert into that equation your companies' consensus estimates of 1997 EPS, Long term growth (percentage), institutional ownership(percentage), and capitalization ($mil.) to estimate 'fair' prices. Shortly, I will post a list of about 100 companies' recent prices, 'fair' value, consensus estimates of EPS, capitalization, book value, etc.
Regards,
SK |