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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (102971)6/19/2000 7:55:00 PM
From: DlphcOracl  Read Replies (1) of 120523
 
Jenna and thread: Any thought on PEB?

While most of the biotech favorites have nearly doubled since the April NASDAQ low, PEB has not participated and is nearly flat. It is the "picks-and shovels" play in the genomics sector, is profitable, and looks cheap on a valuation basis. Is there a good reason to avoid this stock (dead money) or is this an overlooked gem? Any thoughts would be appreciated.

Disclosure: I do not own nor am I short PEB, but am considering it for LT buy.
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