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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (1976)3/20/1998 8:23:00 AM
From: Amigo Mike  Read Replies (3) | Respond to of 29382
 
Ola Amigos,

Our new pick ROIX had an interesting day yesterday. Seems the stock ran early and settled back still gaining for the day.

Rumors: ROIX may have an acquisition coming which will boost earnings about 40% and would be accretive immediately without increasing debt.

Should this happen ...... ROIX at $8.50 which is already a forward PE of only 16 and a bargain compared to its peers will vault sharply towards $12 - $15.

Increasing revenues and earnings each qtr. Well undervalued even without an acquisition. 30% growth rate.

Amigo Mike