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Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation
IAIC 4.280+12.3%Dec 16 4:00 PM EST

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To: ctirry who wrote (1805)8/1/1998 12:40:00 PM
From: Bob Trocchi  Read Replies (1) of 2011
 
Charles...

>>If that is the case then earnings for the next 4 Q's are $2.50 per share or 17 million! I'll let you calculate P/E ratio's...<<

Current Zacks earning forecast is 0.31/sh for 98 and 0.77/sh for 99. That translates to 6.6* 0.31 or 2.0M for 1998 and 5.0M for 99.

I admit that somehow I messed up my calc. in my prior post and that 2.0M for the next four q's does seem to be very understated.

In any event, the stock price 12 months down the road will NOT reflect current earnings but future expectations. If IAIC can demonstrate that they have a viable business beyond 2000, then the stock will reflect that. Lets leave it at that and hope that CR's estimate or yours at $2.25 happens. I doubt it but surely it should be more than what I posted in my prior post.

Good luck.

Bob T. (for my mistake in the prior post maybe I should sign off as..

Boob T. <G>
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