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Innotrac Anonim Ortaklık Message Board

  • smallcaptobigcap smallcaptobigcap Feb 24, 2003 9:14 PM Flag

    valuation is very compelling

    despite all your possbile insider banter, it looks like the balance sheet is cleaning up, infrastructure is stabilizing, and they are poised to add new customers.

    eps could jump to say .50 relatively easily with some customer wins with the reduced expenses. Give that a PE of 15-20 and the value is looking darn cheap below $6 in my view.

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    • the balance sheet shows they are out of cash and still losing money. who are the new customers?, why was infrastructure unstable to begin with (most co.'s don't take years to restructure). How do you arrive at $0.50/share near term ( i assume that's what you meant by jump). IMHO "cheap valuation" must be balanced with risk in mind. Other than the statement that they expect to be cash flow postitive by the second quarter, what specific statements, goals, customers etc. have been revealed that might reduce risk? Given the price of Home Depot, GE, J&J Applied Materials, CSCO etc,. etc., why would any one buy into this stock without some tip of the cards as to what they are planning to actually make money? I think there are better investments than this at the moment.