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Technology Stocks : ABACUS DIRECT CORP. (ABDR)
ABDR 0.3000.0%Nov 19 4:00 PM EST

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To: D. K. G. who wrote (27)8/15/1997 9:09:00 PM
From: Czechsinthemail   of 60
 
Denis,

What I saw was the Zacks consensus estimates--.64 for this year and .87 for next year. The Zacks rating dropped slightly from 1.3 to 1.5 and now has 2 Strong Buy and 2 Buy ratings from the four firms covering it. The differential between them suggests a 36% growth rate, which is significantly slower than what we've seen recently. With a forward PE of about 45x, people may be starting to sell to bring the PE down to reflect slower growth from here on.

It seems to be a dynamite company, but perhaps the price has gotten ahead of the prospects. The insider selling adds to that suspicion. How successful do you think their branching out efforts will be?

Baird
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