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jaybird249

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jaybird249

Re: None

Friday, 09/22/2006 1:27:16 AM

Friday, September 22, 2006 1:27:16 AM

Post# of 173824
TST:AMEX 6 PE China stock NASDAQ listing Wednesday
TST:AMEX ($4.60) commences trading on NASDAQ next Wednesday. TST supplies the booming 3G wireless sector in China and is trading at a forward PE of 6 based on annualized earnings of $.70 per share (competitors in the sector like PWAV trade at a PE of 25).
http://biz.yahoo.com/iw/060814/0153764.html

Whats even more intriguing: TST has $2 per share in liquid assets (working capital). Hence the market valuing TST non cash assets at $2.60.
TST's won't be a secret much longer with its NASDAQ debut. TST has all the ingredients for rapid price appreciation, low float, low PE, trading at a 75% discount to peers in a booming sector- it won't be in single digits for long.
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