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Technology Stocks : Printronix(PTNX)

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To: Andrew who wrote (21)3/20/1997 12:09:00 PM
From: PlanoSpy   of 113
 
I agree that PTNX seems to decline while wating for the next earnings report or good news. These valleys have provided attractive trading opportunities for short/intermediate term traders and good entry points for long term investors. I believe we are currently in one of these attractive entry points while waiting for the April earnings report. Trailing PE is now 11; 12 month estimated PE is 9. The stock should trade for a PE of at least 15.
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