SI
SI
discoversearch

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.
Technology Stocks : INSS - International Network Services -- Ignore unavailable to you. Want to Upgrade?


To: ziggy who wrote (218)12/4/1997 1:20:00 PM
From: joemjo  Read Replies (3) | Respond to of 446
 
Ziggy,

I am hoping just tax selling. I do think that their last quarter did not show the sequential growth rate that was needed to boost the stock above $25. From memory, the annualized growth rate of the last quarter sequentially was about 50% down from 100%. In other words it went from 8 cents two quarters ago to 9 cents last quarter and I and maybe others were hoping for 10 cents last quarter. I do hope they show 11 cents this quarter and not just 10. If they earn 11 cents I would annualize that to 44 cents and throw a 50 PE on it and look for 22 dollar share price minimum. After all 2 over 9 is 22% sequential growth which is 121% annualized growth so a 50 PE is conservative.
On the news front all we have is CSCO reselling INSS's Enterprise Pro which I have no idea what that means to the bottom line, but you would think that is the right networker to be in bed with.

JMHO Todd