Henny and others !Hi All,
Good questions !
They are losing money in there last report but the are taking actions to correct it. That's the reason for a so low stock price.
See this snapshot of their last three years !
P/E ratio: 13.67
Return on equity : 11.59
the link:
https://investdb.theglobeandmail.com/invest/investSQL/gx.company_prof?company_in=Eicon"Technology
If there P/E ratio is so low that's because there sales haven't been as high as they expectated to be. See there last financial report for details :
https://www.stockhouse.ca/news/news.asp?newsid=355134&tick=T.EIC
This is a very big house and they are driving many projects at the same time.
For exemple: Trisignals (an Eicon subsidiary) is the one who provide the key technology for the new Sega DreamCast embedded controllerless modem code.
Trisignal Communications Brings Internet Connectivity To SEGA'S Dreamcast
the link:
https://www.eicon.com/corp/pressrel/prsega.htm
SAN JOSE, EMBEDDED SYSTEMS CONFERENCE, BOOTH #4418, September 29, 1999 —
Fueling the massive surge of consumers to the Internet, TRISIGNAL Communications, a Division
of Eicon Technology Corporation (TSE: EIC; ME: EIC), announced today they are providing key
technologies for Sega Enterprises Ltd.'s Internet-ready videogame console, Sega Dreamcastä.
Available in the U.S. and Canada since September 9, 1999, Sega Dreamcast pre-sold more than
300,000 units and brought in over $97 million in retail sales during the first 24 hours, illustrating
the overwhelming demand for the first videogame console with Internet functionality.
Also, recently:
TRISIGNAL Communications Introduces VoicePlus Phantom Internet Screen Phone
And many more infos you can get at many places on the web.
They are deeply in the new DSL mode and many products are under development now. We will see the result of those sales in the next year and IMO there futur is quite bright !
From now (under $4) you can't lose anyting. I'm in since 4.45 :-( and 3.08 :-). I'm sure to get a good return in a near futur.
Good invest all,
PatSo