Tue, Jul 22, 2014, 5:34 AM EDT - U.S. Markets open in 3 hrs 56 mins

Recent

% | $
Click the to save as a favorite.

Fargo Electronics, Inc. (FRGO) Message Board

  • mopeadope13 mopeadope13 Jul 27, 2003 8:03 PM Flag

    I LIKE FRGO !!!!!!

    This is one of the better small-cap stocks I've found in my research. NO DEBT and liabilities are only 21% of equity. Book value is $ 3.20/share. FRGO now has (as of end 2nd quarter) $ 6.5 million cash on books! Since year-end 2002, shareholder equity is up 8.8%. Comparisons for first six-months '03 vs. '02 are as follows:
    Sales up 7.4%
    Gross Profit up 8.7%
    Oper expenses (down 5%)
    Net Income up 61%

    Earnings estimates for FY '03 of $ 0.60 (low-side) puts value of FRGO vs. Treasury bond to at least $12!! Just divide a company's earnings by yield on 10-year T-bond. I used 5% on my example, which at present times is a bit high.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I like Fargo too. Very good new product innovation, good financials, excellent supplies business. Partnership with H-P is a plus (could be a potential acquirer). The market is beginning to notice. Nice runup in price the last few weeks.

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.