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Gold/Mining/Energy : BCE Emergis - global e-commerce -- Ignore unavailable to you. Want to Upgrade?


To: sPD who wrote (37)3/22/1998 1:31:00 PM
From: Factfinder  Read Replies (1) | Respond to of 1341
 
I was recalling the FP article from memory as I left the paper at the theatre, but I consider a target of 4.50 a strong sell but I can't say for sure whether that was how they described it. I reviewed the Wood Gundy report again today and their projection for sales ending August 99 are 40M and with outstanding shares of 19.5 Million this would correlate to approx 2x sales which is dirt cheap for an e commerce company. It should be an interesting next few years with this stock. If you apply the P/S ratio of Sterling Commerce of 8.9 for last twelve months as of August of 98 this would equate to a value of $12 per share by this summer which is where the stock may be heading to in the next six months. Time will tell.

Regards