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To: Lizzie Tudor who wrote (11307)5/4/2002 1:13:26 AM
From: stockman_scott  Respond to of 57684
 
ICGE's 3-year chart is breathtaking...

siliconinvestor.com



To: Lizzie Tudor who wrote (11307)5/14/2002 4:30:33 PM
From: pchristi12534  Read Replies (1) | Respond to of 57684
 
DVIN is the highest ranking stock that we've passed through our various screening metrics. However, it's been puzzling to us that the stock trades so cheaply.

It's not a small company - trailing 12 months revenues came in at $336,170,000, with the most recent quarter at $146,329,000. Even at that relatively high revenue level, sequential revenue growth was an incredible 82% - which was higher than the current quarter's full year growth rate of 68% higher than the previous quarter's full year growth rate. The latter fact indicates that the growth rate is accelerating, which is very unusual for a company this size.

Making all of those growth rates all the more astounding is that the Price/Sales ratio is less than 0.3!!!

The company confirmed this afternoon that a reverse stock split vote will be taken the end of this month. It will probably be a 25 to 1 split. That would set the resulting per share market value a shade over $5, which is an important level. Most analysts and most institutional investors won't consider a stock trading lower than $5.

All of this suggests that it will at least be interesting to observe the market performance of DVIN following the shareholder vote. The revenue growth and the P/S ratio are sharply out of whack!

footprintstocks.com