nyse idt rating buy price 14 59 initiating coverage with a stock data ebitda 12 month target 20 00 fy ends july 2003a 2004e 2005e 52 week range 23 96 75 revenue 1 834 5 2 192 7 433 10 day avg daily volume 374 170 mm 3 62 0 197 previous estimate ne ev 1x 4 9x 6x capitalization eps shares outstanding 94 q1 05 17 market 376 q2 16 84 enterprise value 306 q3 debt 30 04 q4 cash 070 fiscal year 76 total cap p e nm 19 2x nc indicates no change from current not meaningful sources wr hambrecht co estimates and company reports august 13 2004 communications infrastructure reginal king rking wrhambrecht com 415 551 3270 clint nohavec cnohavec
