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Technology Stocks : INVX Innovex Comdex Winner !! -- Ignore unavailable to you. Want to Upgrade?


To: Nazbuster who wrote (2053)1/13/1998 2:55:00 PM
From: Raffica  Respond to of 3029
 
If you look at page 19 in the 1997 Annual Report, 1997 net sales are $ 142,003,743 vs. $ 69,570,222 in 1996. 1997 Income per share is $2.31 vs $ .91 in 1996. Net income almost tripled. This stock WILL increase in value as the share price catches up with these numbers. Next earnings due out in late January. I personally cannot find a better stock buy at this time.



To: Nazbuster who wrote (2053)1/13/1998 4:47:00 PM
From: Will Lyons  Read Replies (1) | Respond to of 3029
 
Maybe I read the report too rapidly and therefore may have missed some of it but it ignores some very important factors such as expenditures for R and D, the write off of depreciation and/or acquisiton ecpenses [if any, ] and so forth. The use of raw per share data without considering the way the business is run is IMHO an attempt to SIFT historical data to predict the future, [which, by the way, lies ahead]. The industry we are following is subject to RAPID technological change.
Any one process or niche is subject to externalities [ie, the effects of what others are doing] so I believe that mechanical sifting may only be helpfuo in those instances where nothing much is subject to change and that does not appear to be a description of the industry in which INVX is operating. .
NEITHER A SIFTER NOR A TA BE.
CRITICISM AND/OR FLAMES BOTH EXPECTED AND WELCOME