What I am trying to do is look at NTC from a perspective that is...

What I am trying to do is look at NTC from a perspective that is more suited to a telecommunications company that has large depreciation expenses. The EV/EBITDA multiple is relatively low and this metric should be considered in determining value. BRAGG’s EPS and PE calculation is not the only determinant of the likely share price. If it is, then again shareholders have to endure a long wait for NTC to fulfill its potential.