Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ATEC Group. Huge growth with PE of 12.5! -- Ignore unavailable to you. Want to Upgrade?

To: rt1^ who wrote (952)	11/19/1997 5:39:00 PM
From: Mike Irving	Read Replies (2) \| Respond to of 1298

ROLAND: 9.5% is not even close to 20-30%!!! We closed at a very firm 4 3/8 on the bid. Considering the doom and gloom this is not bad. I think ALL ATEC SHAREHOLDERS would rather see it at 5 3/8, but once again ATEC's fundamentals held the price. I understand that their october sales were REAL STRONG and that should be reflected in the 2nd qtr numbers. I also understand that starting in january, ATEC goes on their first road show with AUERBACH,POLLOCK. HM.. lets see, 100 million in revs with .30 eps for '97 first qtr eps of .10 and projected '98 eps of .50. That would mean that ATEC is trading at a P/E of 8.76 on projected earnings. The bottom line here Roland is that any way you slice it ATEC looks to be VERY UNDERVALUED. Every stock has short term volitility, but you invest in FUNDAMENTALS, sooner or later Wall Street wakes up. We will see were ATEC ends their fiscal year: Higher or lower.