Building on my post about earnings yesterday
I've noticed that even after the post-earnings
pullback of the last two days, RENT has stayed within the
up-channel it started several months ago --- and has shown
an average 17% appreciation PER MONTH since the end
SO, IF (admittedly, a big if) RENT
can stay within that channel for the next 5 months,
we will see it selling at $10-11 by the end of
AND, IF RENT spins ComAlliance off as an IPO, we will
see THAT VALUE AND MORE ...
Hang in there.
at these prices, which is kind of interesting
considering many shareholders have an opportunity to take
profits. RENT is looking pretty solid though, perhaps we
are in for another run-up, we shall see.
Earnings for Q ended 3/31/99 =
Earnings for Q ended 6/30/99 = $.12/share
RENT can grow consistently and come in with $.14 for
the Q ended 9/30/99, we'll stay on the dream track
.... for annual earnings of $.52, a near term record,
and annual earnings growth of 30%
...Justifying a valuation of $15 or higher -- up 150% from
where we are now -- up 400% from the price last
And if $15-16 looks possible based on
conservative assumptions, then maybe with $.80 we can all
retire early ...
Just hope we are not
disappointed tomorrow, and that any selloff on the news is
short and modest.