$0.75/0.80 is your base rate of earnings. If the street pays 15 X, that gets you to $12. They have about $2.25 in cash. In the event of a takeover, it's probably around $14/15.
Ranks 423 out of 700 in his quant model. Earnings estimates have been chopped 7% in the last 90 days and 12% in the last 60 days. Earnings growth year over year is down by 21%. Earnings are expected to drop from $0.87 in Apr/05 to $0.79 in '06. Looking out to '07, the forcast is for $0.81.
Very interesting at these levels. Trading around 11 X earnings. Management has done a very good job. The markets they are involved in are growing. A free cash flow yield of about 10%.