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Microcap & Penny Stocks : Transnet-TRNT

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To: Byron Angel who wrote (126)2/26/1997 8:37:00 PM
From: Byron Angel   of 140
 
Investor's Business Daily reported today in its Nasdaq market column that the CEO of Cisco expects annual growth of 30% to 50% in the networking industry over the next 5 years.

Transnet is trading at about 7 times my earning estimate of $0.35 for the 4 quarters of calendar 1997. This earnings forecast would be year over year growth of over 50%.
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