Value Microcaps Motherboard

[abh3vt]

It will be interesting to see how investors react tomorrow to EZEN's lower Q4 net eps of 0.07 v 0.08 y/y (due to a much lower tax benefit in 2005.)

As you all probably know by now, I usually look at pretax and then apply a standard tax rate (35%), so I think EZEN is pretty fairly valued by those conservative standards. I would put TTM eps at a fully taxed 0.16, so for me, EZEN is trading at 22.5x that standard.