re: valuation for dummies....extralite
yeah ..million shares at 12 cents equals $120 000, yet revenue increased to somewhere between $70 000 000 to $110 000 000. And profit probably around $5 000 000 and increasing.
Actually, interesting to note that the CEO was aksed if there were any write-downs intended. He answered that as a private company, PTL was very conservatively run, and they were booked as expenses, not assets...ie so already paid for in the books.
Most stocks back in the tech boom ( ie when SWT was 50 cents) have gone out of business. Im thinking VNA, DVT, GBS etc etc etc ad nauseum..so not a relasitc comparison.
At 50 cents and as a data storage company, SWT was over valued. As a company that provides voice, data and voip service of that size, SWT is very much undervalued, in comparison with its peers.
read from the start of the thread to get the whole picture.
