SI
SI
discoversearch

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 : Undervalued Internet stocks e.g. COOL and WCAP

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rollcast... who wrote (15)12/6/1998 7:11:00 PM
From: Jeffery E. Forrest  Read Replies (1) of 42
 
I was doing some comparison of WCAP to CMGI.
CMGI trading at 70-80 a share recently.

A few numbers REALLY stood out big.

Return on Assets:
CMGI:10.35%__________WCAP:29.15%
Return on EQUITY
CMGI:28.84%__________WCAP:54.03%!

After Tax Income
CMGI:16.6____________WCAP:8.25
Sales
CMGI:91.5____________WCAP:1 mill
WHICH give a PROFIT Margin of:
CMGI:18% and WCAP a whopping 764%!

CMGI at 13.40 Price to Book which is NOT cheap, while WCAP trades at 1.18 Price to Book which
actually makes it a value play!

P/E also reflects a better value with CMGI at 92.32 P/E and WCAP at a sweet 3.69 P/E!

It appears WCAP is an absolute steal as an Internet play and that the folks at WCAP are doing it right.
This thing is a gem
I got in CMGI a couple years ago for approximately the same price that WCAP trades at now.
I was patient with CMGI and it has given MORE than a 10 times return.
I fully expect WCAP to do the same.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext