Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Junkyardawg who wrote (2261)	9/25/1998 5:46:00 PM
From: NASDBULL	Respond to of 7247

QFAB was oversold today. STock should rebound nicely over the next couple of weeks: Here is an analysis I did today. Short, but sweet. This is just an overview of QFAB's valuation and possible short term price targets for QFAB over the next couple of weeks! I took the average p/e, price to book and price to sales ratios of QFAB other eight industry companies(IFSIA, PTX, SHX, MHK, BIB, CRW, SMI and CNSO) I threw out the high and low in each category. Industry Averages: P/E = 14.24 P/B = 1.77 P/S = .49 Currently QFAB ratios are as follows(In calculating the P/E, I used the last three quarters and the next quarter projection of .03/share, which gives us .58/share in earnings). P/E = 8.62 industry = 14.24 price target for full valuation for QFAB = $8.25/share P/B = .72 industry = 1.77 price target for full valuation for QFAB = $12.25/share P/S = .22 industry = .49 price target for full valuation for QFAB = $11.125/share *full valuation as compared to current industry averages You can see the price target over the next few weeks that I have for QFAB is between $8.25 and $12.25 a share. I would think since 1999 is going to be flat. You can assume earnings will be around .75 cents a share for QFAB. That would give us a lower forward looking p/e of around 6.50. The current levels of this stock's price are VERY low at this point. Although $8.25 is 65% above current levels, I think that is very realistic over the next two weeks. It can be reached if we see a stock buyback program from management, but don't cross your fingers. Enjoy, NASDBULL