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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Bill Wexler who wrote (3189)10/1/1998 11:37:00 AM
From: Bobo  Read Replies (1) of 4634
 
Bill,

I took a look at DTLN this morning and based on it's free cash flow, my opinion is that the company is not significantly overvalued. With no new customers, the business appears to be worth $200 mm (net of debt). Granted, they did not grow their customer based last Q but this condition would have to continue to negatively impact the value of the existing customer base. I would be interested in any thoughts you have.

Bobo
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