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Technology Stocks : Smart Cards
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To: Eric L who wrote ()3/7/2000 5:14:00 PM
From: opticaleddie   of 343
 
If you are interested in the smart card concept, take a look at Drexler Technology. They are manufacturing and using optical storage card technology in many new and creative ways. They have 85% of the world market and have 92 U.S. and international patents. They also make money. Their earnings per share (EPS) went up 40% last quarter. Their return on equity is 30% and their net profit margin is 29%, yet their PE is in the low 30s. They are currently selling around 16. It went up over 50% last week,so it is being discovered.
Drexler's symbol on the Nasdaq is DRXR.
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