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Innodata Inc. Message Board

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  • ohshaw ohshaw Feb 28, 2005 1:41 AM Flag

    I'm selling 12,500 shares

    I have 38 stocks in my portfolio which I consider a moderately aggressive portfolio. That said, INOD is one of my largest positions and I feel very comfortable that substantially higher prices are ahead. The strongest, briefest arguement for this is the quarterly earnings over the past 1.5 years... -.09, -.03, +.07, +.03, +.09, +.07, +14 ... and consistent revenue growth averaging over 40% per quarter. It's not noise-free growth, but is is solid, believable growth. And the PE is now just 13. I think the share price could go slightly lower in the near term, but it will eventually go much higher. IMHO

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