|Moderated By: Andrew G. -- (Not Moderated) -- Started: 8/27/1997 9:15:00 PM Revision History|
Cubic has developed some hefty partnerships with Qualcomm and Ramtron in the past two months. The stock CUB has moved up from around $25 in mid-July to a close of $33.625 today. Despite the increase it sports a PE of only 23.60. So what's the deal? Cubic's VideoComm allows one to send video as e-mail via Qualcomm's popular Eudora software and "Cubic's advanced ``smart'' fare cards with Ramtron's memory technology allows commuters to pay transit fare without removing the card from a pocket or purse." Cubic is the world leader in public transit fare collection and their systems process over 20 million passenger transactions a day. Looks like Cubic has a lot on their plate for such a tame PE. I have no idea what the expected earnings will be from all this and I'm not a shareholder. Yet. Let's discuss this company's prospects with civility please.
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