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Technology Stocks : Brite Voice (BVSI)
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To: James B. Barnes who wrote (413)12/28/1998 6:57:00 PM
From: Mark Willoughby  Read Replies (2) of 495
 
Hi Brite gang,

I confess to recently dumping 1,000 shares of old Brite stock that I had acquired 4-5 years ago at $14-$15/shr because I needed a capital loss for tax purposes this year. BUT today I purchased 500 shares at the market price so I'm still in. Does anybody know what's the usual and customary multiple for a company such as Brite? Is it in the 20:1 range like a telco, or in the 60:1 range like an Internet play? Fundamentally, I'm trying to get a handle on what the share price should be a year from now based on everybody's analysis. mark
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