To All,
Forget about Montgomery, this is how the numbers stack up.
All info is for 3 month period ended Dec 31,1996.
All numbers are stated in millions.
Company QNTM WDC SEG Average
Sales 1,480 1,100 2,400
Net Income 52.4 64.2 212.6
% of Sales 3.5% 5.8% 8.9% 6.1%
Trailing P/E neg 20 40 30
Mkt Cap 2,566 2,830 11,712
If JTS hits a VERY conservative est of $500 mil in sales this YEAR,
and we assume net income to fall within the industry average we
get an estimate for net income of $30.5 for the YEAR.
If shs out = 131 mil, then EPS = .23, at a p/e of 30
Fair Value Stock Price = $6.90
Market Cap = 903
For all it's worth, my current opinion on the stock (close 2 3/8 and market cap $311 mil).
Short Term (1-3 months): ACCUMULATE
Intermediate (3-12 months) : STRONG BUY
Long Term (1+ Year) : STRONG BUY
Xmonger
March 12, 1997 |
