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Sunday, 08/07/2005 12:08:14 PM

Sunday, August 07, 2005 12:08:14 PM

Post# of 173772
STV- Sure hope highway bill goes through

STV has recently recieved contracts totaling over $150M in the last couple months. The backlog is at a super all time high. I figured that even without anymore business, STV will make around $1.50 EPS pre tax going forward. They have a tax asset on the books that will cover the next 2 years of taxes even if they double their pre tax income, so I feel it would be prudent to use pre tax EPS for now. I think they're worth $20 right now, but imagine how much more they'll get in contracts if the $286B highway bill goes thrugh- the stock could really take off then. At $12, it looks super cheap, and with tiny downside risk.

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