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Technology Stocks : Primus Telecommunications

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To: Kive I. Strickoff who wrote (81)5/29/1998 10:50:00 AM
From: Ronald G.  Read Replies (2) of 124
 
I couldn't agree more with your statement regarding "...how much of a superb prize Primus is...". I have come across a couple of pieces of information regarding Primus which underscores your point. First, I find it incredible that Primus' entire market capitalization is LESS than the amount of money it has in the bank, and it is also FAR LESS than its annual revenue run rate. While most telecom companies are valued at 2 to 4 times revenue, Primus is trading at less than 1. You will tell your friends "...I told you so..." on this one.
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