Rocket the Earnings
in response to
by
posted on
Aug 31, 2007 08:29AM
You have to factor in the growth in earnings vs the PE. The pending turnaround would represent a transformation and gives management the tools to further expand its core business, acquire new businesses or buy back shares to further increase shareholder value....a much different scenario than just a straight, across the board comparison of P/E ratios.
I suppose the market's initial reaction to pending IP litigation will depend on DM's approach and if the first infringers are high profile companies or not. If they first target private entities with little brand name recognition, market reaction will likely be more subdued.....unless current shareholders see this as a buying opportunity in anticipation of more to come.
There aren't a lot of darlings right now in the world of the otcbb and EDIG has a notable history, checked for some but certainly on the radar screen of many that know the story.....and they just might find it interesting that their initial inklings may have been right on target...just a bit premature.
GO EDIG !