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.
Non-Tech : SOLOMON-PAGE SYMBOL -SOLP-

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ST Trader who wrote (11)2/11/1997 12:02:00 AM
From: Instock   of 295
 
what does everyone think of this logic?
Be kind!! Just kidding.

SOLP

This morning they posted very nice numbers for their
First quarter.
Positive .07 a share vs minus .03 last year.
Last year they posted record profits for the year as
their year end statement shows.
That was with a first quarter last year that was
a loss.( first quarter 96 was minus .03 )
This year they are starting of the year
Positive .07 vs -.03 OR .10 cents better then
last year this quarter.
What does that suggest for year end 97?
Should be a record year that will beat 96 record year.

I love companies in this price range that can break
records year after year. Sometimes quarter after
quarter!!
What time of year would you think people would want to
NOT change jobs? Before thanks/christmass?
I would say so!
And they posted positive .07 over last years
same quarter of minus.03
Next 3 quarters should be real eye openners!!!!
And as noted in this earnings, they have big plans to
expand!!

Current PE is apx 18 based on EPS for last year of
+ .14 EPS =current stock price of apx. $2.52

At their growth rate AND in the NEW YORK market
AND the possablity of a buyout/merger by a
bigger fish, they could easly have a bigger PE!!

+.07 EPS this first quarter, they are allready
half way to last years record earnings!

Conservativly lets say they earn ONLY an average of
.06 over the 4 quarters.
=.24 for 97 VS 96 record of .14
Lets conservativly say PE ONLY moves up to 20
current 18.
20 X .24 = stock price of $4.80 Thats $2.40 better
then current price!
Thats 100% better price and return on doller!!

OK OK, yes I am very bullish and just which to hell
that so many people would stop playing around with
companies that are half dead or worse!
And most of those dead companies have more shares
out then solp , are not closly held like solp,
and have stock prices at or above solp.

Look the stock over and decide if it is for you or not.
Maybe their are better stocks, i just have not seen
to many look so good at such low stock price.

If this stock is discovered ( hard sometimes when you
are a small cap stock ) by more investers, that
PE should climb like a rocket though the clouds!

One persons view
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext