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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: GregS who wrote (7967)	4/3/2001 11:03:56 PM
From: Tom Hua	Respond to of 19633

Greg, I think a better metric than P/S is forward EV/S (Enterprise Value-to-Sales). Within that context, CORV has a lower EV/S than JNPR. CORV is projected to do $300 MM this year, its EV is $1.2 billion. Using last year's figure is not meaningful because the company only started big production last quarter, much like JNPR was 2 years ago. With $3/share in cash, you're buying the business for about $2 a share. I'm glad to see it below 5 today, giving me a chance to add significantly. Announcements of new customers are not too far out. I do hope they won't be released until the markets have stabilized. Any kind of good news coming out now is a waste of ammunition. If that promise is realized, CORV can be a $50 stock again. Whew, I like that Greg because every point in CORV will get me one of the followings: a happy meal, laptop, nice family vacation, or SUV. <g> Regards, Tom.