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To: stantheman who wrote (2103)9/22/1999 9:25:00 PM
From: DavidD  Respond to of 5853
 
Thanks! Anyone have thoughts on ECIL?

That's ECI Telecom. Some simple valuation facts:

Zacks recs: 3 strong buys; 3 moderate buys; 1 hold
Zacks ests: 12/99: $2.34 - 12/99 $2.82 - that is a 21% year over year growth. No big deal I know, but wait...
Price $27.69
Net Cash per Share $2.72
Net Price Paid (Peter Lynch method) $25
Therefore you are paying 10.7 times 1999 EPS and 8.6 times 2000 EPS.
That is you are paying a PE of about 1/2 of the growth - very, very cheap.

IS the company a player or has been? Anyone know?