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Non-Tech : Dave & Busters (DAB)

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To: Qualopec who wrote (173)11/24/1998 4:34:00 PM
From: zook2  Read Replies (1) of 278
 
Another buy rec. "josenthal" starts with a buy and 12 month target of 31. This quarter was solid and the holiday season is always very strong. Looking at next years earnings lets say 1.30 (not overly agressive) and using a discounted multiple to its growth rate of 20 to 25 you get a price target between 27 and 33 fair value. The equity has near term upside of 35%. I think we can get very near 30 much sooner than 12 months. Nine analyst follow the stock all buys. Not much volume. I hope to see earnings spur some interest. Obviously the stock can also move lower but the trend is our friend at this time.
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