Specialty Teleconstructors, Inc. (XMIT) -- EXCITING! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Specialty Teleconstructors, Inc. (XMIT) -- EXCITING!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Peter Goss who wrote (401)	9/21/1998 6:03:00 PM
From: 18acastra	of 418

Waiting for those earnings #'s. Q4 last year was $.25. Analyst expectation this Q is about $.04 - suspect could be a chance they beat that number just because analyst may have purposely lowballed number so they can play momentum game with the stock. Even if they do $.08 (good case-totally a guess based on suspicions about how analysts can play games with EPS numbers sometimes versus expectations, in fact reasonable chance numbers come in worse too as state of mkt. these days seems pretty sick), puts it at run rate earnings power of $.32, which would give stock P/E multiple of 65x run-rate earnings. No way a business going from $.25 to $.08 deserves 65 P/E. Closed down 1 7/8 today on very light volume. Seems like very little interest these days in unproven spec-stocks. My price target remains in $12-$15 range and look forward to seeing earnings and commentary in 10-K. My opinion.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next