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Technology Stocks : TEXN -- Ignore unavailable to you. Want to Upgrade?


To: Master (Hijacked) who wrote (39)5/29/1998 10:42:00 PM
From: Israel  Respond to of 55
 
biz.yahoo.com

"We anticipate pretax profits in 1998 to exceed
$2,499,783, based upon the sale of 166,209 units, with earnings projected at 13 cents per share,'' stated Wilson.


.13 X 18.6 (defense industry PE) = $2.41 fair value for TEXN, talk about undervalued. Ill be buying more Monday.

Happy Trading,
Israel



To: Master (Hijacked) who wrote (39)5/30/1998 12:21:00 AM
From: Boob  Read Replies (1) | Respond to of 55
 
Exactly, I don't care what products this company makes, moral or not (for those people out there who think guns aren't moral - not my opinion but guess some people think that way lol) they are making money and they will make us shareholders' money...just look at the growth as you have stated:

TEXN looks way undervalued selling $6 million in Night Sights and taking an estimated $2 mil PROFITS to the bank JANUARY & FEBRUARY
alone, and with a market cap of ONLY $4 million(20 mil outstanding X .20). That after breaking even on $1.2 mil sales in 1997.


From 1.2 mil sales in 12 mos to 6 mil sales in 2 mos...man, that is phenomenol growth. If they can come anywhere close to making 13cents EPS this year this company is an absolute steal at these prices. Heck there are companies trading with 10times TEXN's market cap who have never made money and probably never will.

Company looks great,

Boob