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Evolving Systems Inc. Message Board

  • waytoogoodforwords waytoogoodforwords Nov 29, 2007 10:06 AM Flag

    EVOL Grossly Undervalued. Fair Value $5.50

    Industry trades at 3x Revenues. EVOL is trading at 1x Revenues. EVOL growing Revenues fast. Fair Value TODAY $5.50. 12-18mos. target $8.50.

    Accumulate and Strong Buy. Evol trading at HUGELY discounted valuation.

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    • I agree but what has to happen to wake this sleeping giant up? We have poor timing on news and the company has a bad track record of stepping on their toes. we need more info for the stock to appreciate in price like how much are the contracts worth.!!!!!!!!!!!!!!!!!

      • 1 Reply to recoveringslowly2004
      • Evol needs a little bit more performance and the price will take care of itself. IMHO the market is a little wary as prior good news has been followed with busts. I don't believe that is particularly likely this time. If they can get two quarters of around 10% rev growth which translates into bottom line, I believe that some speculating institutions will begin to accumulate and the stock is likely to move to 2-2.5 * Rev shortly thereafter. Balance sheet is massively improved from a couple years ago.

 
EVOL
5.10-0.03(-0.58%)11:23 AMEDT