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Technology Stocks : Hummingbird Comm. (HUMC)
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To: John Chatterton who wrote (1760)10/28/1998 8:53:00 PM
From: Martin Goldenberg   of 2018
 
John, you've been a HUM investor for a long time so I'll offer my objective understandings and will make no personal judgements on future share direction.

I believe current projected earnings forecasts for this coming year is $1.70 US with a 12-18 month analyst share price target of about $30 CAD.

All this of course will be subject to the vagaries of HUM's applied business directions and major acquisition plans....a wild card, which at this point in time could be near to a non-possibility. I've read on other message boards that it would not be far fetched that HUM itself could be a take-over target, given its low current market cap. That is, if they are even considered a desirable take-over candidate with its current product mix.

So not is all entirely bleak. More patience by long term holders will be needed.

Regards,

Martin
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