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Technology Stocks : MTIC - Is this the next EMC? -- Ignore unavailable to you. Want to Upgrade?


To: Mark T. Heath who wrote (1263)1/28/1998 10:58:00 PM
From: gmccon  Read Replies (2) | Respond to of 3748
 
Mark, EMC virtually never beats their number. They didn't beat it today. But at the same time, they didn't have the run-up that MTIC had in the week or so before the earnings announcement. After hours quote for EMC today was flat, apparently- meaning no reaction one way or the other.

Having said that, MTIC with earnings at $.17 and at $12 a share, compared to EMC at $.32 earnings and $30 a share is disproportionate, to say the least, no? (And I expect to be corrected because I know not of what I speak beyond simple math.)

Taking it one step further, look at projections for the March Q. Estimates tighten even further, .15/.28 (MTIC/EMC), and remember, MTIC has consistently beat their number over the last 4 Q's by an average of 25% or so. That would assume .19/.28 (MTIC/EMC)

If EMC is fairly valued, MTIC should move up to $16 in the short term if it's value is ever "discovered". Now, here's my point. MTIC should in fact be discovered once the full NASDAQ listing is completed.

If this doesn't happen, I've been known to trade. :-)

Greg



To: Mark T. Heath who wrote (1263)1/28/1998 11:33:00 PM
From: gmccon  Read Replies (1) | Respond to of 3748
 
From this evening's VectorVest (at least MTI's numbers are improving in their eyes):

PRICE: MTIC closed on 28-Jan-1998 at $12.00 per share.

VALUE: MTIC has a Value of $18.00 per share. Value is the foundation of the VectorVest system. It is a measure of what a stock is currently worth. Value is based upon earnings, earnings growth rate, dividend payments, dividend growth rate, and financial performance. Current interest and inflation rates also play an important role in the computation of Value. When interest and/or inflation rates decrease, Value goes up. When interest rates and inflation increase, Value goes down. Sooner or later a stock's Price and Value always converge.

RV (Relative Value): MTIC has an RV of 1.51. On a scale of 0.00 to 2.00, an RV of 1.51 is excellent. RV reflects the long-term price appreciation potential of the stock compared to an alternative investment in AAA Corporate Bonds. Stocks with RV ratings above 1.00 have attractive upside potential. A stock will have an RV greater than 1.00 when its Value is greater than Price, and its Relative Safety (see below) and forecasted earnings growth rate are above average.

vectorvest.com

Greg