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Microcap & Penny Stocks : QSOUND LABS INC - - QSND - - ACER GROUP - - IBM

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To: Larry G. who wrote (674)5/4/1999 2:29:00 PM
From: HeyRainier  Read Replies (1) of 857
 
At a P/E multiple of 20, $6.00 after the one-year rolling period after the Cetera's release, based on TTM earnings of $0.30. Forecasted earnings the following year is $0.60 (we'll see if that holds), meaning $12.00, longer term. The internet side of the business is the bonus, and if QSound can capitalize on some new relationships to strengthen its grasp of internet 3-D sound, then look out for possibly higher valuations.

The assumptions underlying the forecasted numbers can of course change, however.

Regards,

Rainier
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