OBJECT DESIGN Inc.: Bargain of the year!! Message Board

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Technology Stocks : OBJECT DESIGN Inc.: Bargain of the year!!

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To: jimmy c who wrote (2478)	10/30/1998 8:12:00 AM
From: hasbeen101	of 3194

We may have seen the lows!! Seriously, if this stock goes much lower, the 1999 P/E will start looking ridiculous. I think it's clear this company can earn 5 cents a quarter. At $4, that's just a P/E of 20. The growth has not been supersonic, but it hasn't been that feeble. Let's face it, if this company was a supermarket growing revenues at 20-30%, earnings at 30-40%, with high barriers to entry, and on a prospective P/E of 20, everyone would say it's a great buy. This is IMO the point of maximum pessimism, a great time to buy.

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