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snow

04/18/24 3:22 AM

#51048 RE: Imindog #51042

imindoge I have checked the p/e ratios of a few of the biggest telecommunication companies. They range from about 10 (CMCSA) to 23 (TMUS). It is interesting for me to see that another poster seems to have arrived at roughly the same conclusions that I have when it comes to the pricing of this stock. There are two superoptimists that are able to argue on this board and two sober posters and several posters who seem unable to support their very optimistic expectations by reasoning.

DRJ69

04/18/24 3:02 PM

#51066 RE: Imindog #51042

In the end, it always comes down to earnings, PE ratios!! One would think with this latest acquisition and another one coming down the road so to speak, that these acquisitions will brings synergies to IQST in their manufacturing expenses as well as marketing and administrative area. I hope they purchased this latest company and the one coming down the road, with expectations that their manufacturing costs can be cut, thus increasing their profits. They definitely need to increase their operating margins substantially. Revenues are nice to see growth, but the bottom line is the key in my opinion. Just my thoughts