Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

CTG 7.460

+0.7%

Mar 27 3:47 PM EDT

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To: Robert O who wrote (5692)	12/4/2019 11:03:45 AM
From: E_K_S	of 6565

I noticed that. When I looked at their market cap and see they were still burning cash, that price was still good (even though it was a Buy Under). Been looking at many of these 'Cloud' computing stocks and many/all demand huge price premiums. It's still amazing how a PE firm can pay that much for a company still w/ no earnings. I see 2020 earnings estimate is still a loss w/ consensus showing a loss of $ 1.52/share. It's a great concept 'cloud' based online education, especially w/ all the student debt, but not so sure INST has a durable 'moat' in their product/service. Perhaps it an indication that many of the PE companies have tons of cash ready to deploy and it's more of cash looking for an investment. Time will tell if this pans out. EKS

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