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Strategies & Market Trends : European Telecom -- (EUTC)

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To: snoopy who wrote (51)3/28/1999 11:32:00 AM
From: Beermeister  Read Replies (1) of 76
 
It didn't take off because of THISWEEKSPICK. I know of a brokerage house in New York that is just starting to put its people in. Oversees investors are also starting to hear about it. The latest acquisitions make Eurotelecom VERY attractive and could lead to a takeover! Projected earnings are .18 per share for this year. 25 times earnings put the price at $4.50. That is my target and it is highly possible. Last year, USDI (a company that toyed around with the idea of acquiring EUTC) went to almost $6. USDI continues to be a losing company. EUTC is currently profitable. A highly undervalued situation at these levels. If THISWEEKSPICK helps it out, fantastic.
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