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Scott Wachsler
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I manage Wax, a baseline equity research company comprised of individual investors not licensed or registered with any government agency. I have been all cap value investor and independent equity researcher for the past 30 years, and believe that patience is the key to successful... More
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Wax Ink
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Wax Ink
  • Value Alert - Ixia 0 comments
    May 3, 2013 5:10 AM | about stocks: XXIA

    Texas (May 2, 2013) Wax Ink has issued a No Investment Interest rating for Ixia. (Nasdaq: XXIA) based on a recent baseline equity review which placed fair value between $21-$25.

    The recent close of $14.35 is approximately 17% above the fair value buy target for the stock and approximately 43% below the fair value close target for the stock. The recent close is also 40% below analysts' $24.00 median target for the stock.

    The recent close represents a 00% increase in price since the last baseline equity review was conducted in May 2012.

    The stock currently has a trailing twelve month PE Ratio of 12, and a PEG Ratio of 0.5 basis estimated forward earnings growth of 22%.

    In the past 52 weeks, share prices have moved between a high of $22.50 and a low of $9.95, placing equilibrium at $17.63.

    With the recent close, the stock is trading 57% below the 52 week high, 31% above the 52 week low, and 23% below equilibrium.

    Ixia provides converged Internet protocol (NYSE:IP) network validation and network visibility solutions in the United States and internationally.

    All valuations are based on the listed company's most recent SEC annual filing, and all prices are per share.

    Wax Ink currently has no investment position in the company mentioned in this alert.

    Wax is a baseline equity research company comprised of individual investors, NOT licensed or registered with ANY government agency.

    Copyright © 2013 Wax Ink

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: XXIA
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