To: Thomas J Engelsma who wrote (11) | 9/4/1997 4:58:00 PM | From: Thomas J Engelsma | | |
Found a 'look alike' for PSR comparisons, it's CMRO (Comarco) They were/are a defense supplier that broadened their sales going commercial with a software/service product. Thay are commanding a 1.33 PSR with 80 mill sales. Meanwhile AATI is holding the meager .34 PSR of a defense supplier with sales of 142 mil -- So CMRO is overvalued (don't think so) or AATI is undervalued (think so).
Just for fun let's hit a neutral ground of PSR= (1.33+.34)/2 = .83 So, .83 * 142 mil / 2.32 mil shares = 50.8 per share!!! thats low neutral ground with no growth (AATI is growing sales about 16% )
Finding one this undervalued makes you look everywhere for something that was missed , and that is usually LTdebt, in this case it is minimal (.06 d/e ratio) Only thing I can find that has been missed is coverage by instituions -- anotherwords, actually have a chance to beat the funds.
Later, TOM opertech.com |
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To: Thomas J Engelsma who wrote () | 12/18/1997 3:07:00 PM | From: Thomas J Engelsma | | |
Something interesting is happening here. Re-crunch of the numbers shows a near term target of 32 or about a 30% gain short term. Long term is still at the 62 area.
Later, TOM |
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