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Re: None

Wednesday, 03/29/2006 10:44:32 PM

Wednesday, March 29, 2006 10:44:32 PM

Post# of 173801
EZEN has no debt and their cash position of $9.4 million equates to .645/share. Based on yearly EPS of .24, and backing out the cash on the balance sheet, you arrive at a P/E of 12.3. Considering income from operations grew by 94.3% this year, I'd say a premium P/E is justified. I tend to think EZEN still looks like a decent value stock in the mid-3's, especially considering what multiples similar companies trade at.

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