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Microcap & Penny Stocks : Netrix Corp. (NTRX) -- Ignore unavailable to you. Want to Upgrade?


To: Vincent Vega who wrote (76)1/5/2000 10:14:00 PM
From: Vincent Vega  Read Replies (3) | Respond to of 162
 
Talking to myself here. I'm updating a prior post in which I determined "fair value" to be 30x discounted 2001 EPS. After the AetherWorks acquisition, the 2001 EPS estimate was raised to 90 cents. Discounting at 20%, this increases my "fair value" number to 30*.90/1.20 = 22.50. This calculation suggests that NTRX is currently trading at about a 35% discount to "fair value".

In today's market, it is rare to find a tech stock with this type of potential trading at such cheap levels. This stock continues to pass my "would you buy at current levels" test, and it looks ready to move upward.