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Microcap & Penny Stocks : Infonow INOW, Report over 3X earnings. -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (31)3/8/1999 9:16:00 AM
From: JordanC  Read Replies (1) | Respond to of 80
 
I have completed additional valuation analysis. Here is my thinking:
I have gone through INOW's financial statements. The company's business model has a lot of leverage. IMO, I think the company can earn at least $.20 per share, next year. Given that company's with INOW's impressive growth rate(over 100% for EPS and Revs) routinely trade at 50-100 multiples, I think the stock could be valued at $50 X $.20 = $10 or even as high as $100 X $.20 = $20. Either way, this stock has the potential to be a big winner. Long at 3 29/32.