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Gold/Mining/Energy : AIT Advanced Information Technologies Corp.
AIV 5.320-0.6%Oct 31 3:59 PM EST
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To: hugh thorne who wrote (111)2/10/1999 8:36:00 AM
From: hugh thorne   of 130
 
virtually no bank debt in this company and they are now back to making money. there are about 10 million shares outstanding and based on sales estimates, the conpany market cap is only about 1.5 times sales. this is low for a tech company although the growth rate doesn't justify a 10 times sale or anything like that.

i suspect that if this kiosk/ibm stuff hits then the multiple will increase substantially. lets remember, ibm is no small partner.
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