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Technology Stocks : Quarterdeck: Making a Striking Comeback!

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To: Lizzie Tudor who wrote (2819)5/2/1998 11:08:00 PM
From: Jesse Livermore  Read Replies (2) of 3307
 
I don't buy the low valuation. 4x net revenue would be 248 million divide by the # of shares = $3.66 right now. This is based on an annualized WEAK 2nd quarter net of 15.5 million and a fully diluted outstanding share basis of 67.6 million.

So, right now the stock price is too low.

Compare CYBR. valuation of $5.96 based on sales and shares. Actually CYBR is trading at $7.75

QDEK has the same cash in the bank but more debt. It also has more new and better selling products. What does QDEK have that causes it to be undervalued? A very low stock price and a dilution that has not finalized at 67,600,000 outstanding. If the dilution finalizes at this number than there is no reason QDEK can't shoot immediately to a conservative value of $3.66 and given a good 3td quarter much higher.

My 4x net quarterly revenue annualized/shares is not a hard and fast valuation but it puts you in a rational ballpark. NETA values at 39 in this formula but sells for $70.
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