VLXC (.36).. Bringing this one up again.. do not own any... yet. But, it seems like a compelling buy ... a future multibagger?
Their 2006 year end, earnings report out today was great ($5.5 million) 0.252 (that's a quarter) per share (so, O/S appears to be about 22 million shares). Give it a multiple of only 5 times earnings, makes for a price of $1.25 per share.
I'm not very good at doing DD. What am I missing here.
vlxc will still be in play for a few more days as a teleconference to update on plans and developements was announced for week of 14 Feb.
Is it a buy and hold?
I did notice one downer: full year EA=.25 but, 9 MO. EA=.29
So, actually lost about 4 cents/sh in Q4
