adsteam full steam ahead, page-8

the fundamentals of adsteam alone should have it priced at about $2.00. At $1.50 its earnings are expected to be 20 cents per share next fin year, so eps is about 7.5. although they recently revised profit downwards this has come against very difficult conditions and a slowing world economy. when the economy rebounds the growth will certainly flow for adsteam with double digit growth likely for 5-7 years as the cycle goes forward. perhaps someone realises this as wants to buy the company at the bottom of the cycle.

anyway its looking for a strong finish today and expect to resume tomorrow as the charts and fundamentals are looking slick.