SI
SI
discoversearch

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.
Technology Stocks : American Access Technologies AATK -- Ignore unavailable to you. Want to Upgrade?


To: Nancy McKinney who wrote (15)5/12/1999 12:53:00 PM
From: CMon  Read Replies (2) | Respond to of 104
 
Why would you call those "earnings terrific"? Annualize that top line and you get a $5MM revenue number. Using their 3.3MM share count and the current $21/shr price, you get a $70MM market cap.

Explain to me why this business, which generated an operating loss last year, is worth >14x sales. Wouldn't you at least have liked to have seen the financial statements attached to that press release before pronouncing the numbers "earnings terrific"?