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Technology Stocks : Fundtech Ltd. (FNDTF)

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To: Raoul Stein who wrote (18)10/28/1998 2:41:00 PM
From: Geof Hollingsworth   of 40
 
These guys released some pretty impressive numbers last week. Sequential and year-over-year revenue growth of 29% and 200%, respectively, and EPS of $0.16 that were in line with expectations (according to BRS). They have it as a strong buy, with $.90/share forecast for next year which makes the P/E at $12/share something like 13X. For a company growing 30% per quarter...? What am I missing?
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