10x 08 Profit of .05 = SP of .50 ?? PE=6 ?IDC HAS NO BANK DEBT OR ANY OTHER DEBT
7.6 million CASH
18 % Growth 07 to 08
Y/Yr Stable earnings
Awesome current/future growth story , Digital Cinema, IPTV, the conversion from analog to digital
World leaders in their field
Stable Management
With a PE of 6 shouldn't the multiple be 18%(growth) 18 x .05 = .90
The market or a buyer will soon wake up !!
Cheers Longs