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Technology Stocks : VISIO Corp (VSIO): Big ISO 9000 Play

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To: Bald Man from Mars who wrote (168)10/2/1998 5:43:00 PM
From: Technologyguy  Read Replies (2) of 522
 
This stock is definitely a keeper. Let's do some P/E numbers: at 20, this stock is running about 12x next year's earnings. Companies with this growth rate in this industry should be at 20-30x next year's earnings. Assume that VSIO will make $2.00/share in 2000 (a very reasonable estimate). I would not be surprised to see this stock at 50-60 18 months from now. That's why I bought some more today.
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