Undervalued Stocks = Low P/E to Growth Ratios Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Undervalued Stocks = Low P/E to Growth Ratios

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tom pope who wrote (146)	9/11/1997 10:33:00 PM
From: Joe Dancy	of 297

Yeah Tom, DY has come a long way in a short time. I'd agree that I'd probably wait for earnings - I expect they will be good but I think that is priced into the stock to some extent now. What to look for is the backlog here - at one point not so long ago (when the company was selling at around $10) they had almost a year of backlog projects worth over $200 mill!!! With the earnings they will also announce the backlog. If the backlog is down I'd hold off, if the backlog increases to any extent I'd buy here. I expect the backlog of unfinished work to increase by 10-20% over last years levels. Long term I really like this company and what they do - although I bought 1000 shares a month or so ago at $18 and change and don't feel I overpaid. Best - Joe

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next