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Technology Stocks : Thrustmaster (NASDAQ:TMSR)

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To: esecurities(tm) who wrote (25)12/13/1996 11:34:00 PM
From: Richard Turner   of 2443
 
I agree with what you are saying. Also I just looked at Zack's ern. est. for TMSR and they have just been revised up.
.......................... Mean Hi Lo Mean chg
Fisc yr end 9612 .41 .41 .41 .03
Est. Lst Mth >>>>.38 .41 .35 .00
Fisc yr end 9712 .49 .50 .48 .01
Est. Lst Mth >>>>.48 .50 .46 .00
Quarter end 9612 .22 .22 .22 .00 (no change)
TMSR has earned .19 so far. qtr 1 .02/qtr 2 .03/qtr 3 .14
They have been beating earnings estimates so I wouldn't be suprised to see them beat est this qtr. With a PE of 19 on current estimates and ind. PE of 67 that gives a price of 27 at ind. avg. PE is only 16 on 97 est. At 97 est that gives a price of 33. Looks undervalued to me.

Richard NC
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