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Technology Stocks : Cherry Corp. = Cherry Semiconductor (CHERA & CHERB)

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To: Dave Grady who wrote ()8/8/1997 8:13:00 PM
From: slob   of 29
 
Dave, Cherry has good revenue growth but lots of other fundamentals stink.

I think the one thing that I dislike most about Cherry is the Revenue per Employee at about $100K it's just way to low for this stock to ever really turn around. They have good revenue growth but its coupled a corresponding employee growth. I don't understand their business well enough to comment on the need for this but its a big concern for me when I look at future growth potential. It also explains why Earnings seem to be pegged at about 4%. It looks like a real cost plus business which is totally different from most semiconductor businesses.

Slob
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