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

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

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To: Vol who wrote (279)	11/17/1997 8:54:00 PM
From: BoNg-N-BoNg	of 297

>>>>What's the word on OXHP? <<<< First of all, rumors are circulating that OXHP is a takeover candidate which I have nothing to support it. Secondly, OXHP has a Peg of 4.0+ currently and an estimated PEG of .50 for fiscal 98 which ends on Dec. of 98 according to First Call..They also expect a growth rate of around 30+% for the next 5yrs..Currently the stock is down big time due to problems w/ their computer systems that causes them to "overly" stated incomes and revenues for the current and past quarters...which causes all the current lawsuit against the company and the managements... My take is during short term, the stock might trade sideways between $22 1/2 to $28+ and long term should be in their mid $30s to $40's by the middle of next year..I think all the current bad news reflected at the current trading range of the stocks..Things will change if more bad news develop...Of course, if someone bought OXHP, stock price could change dramatically.. below links is the analysts opinion on OXHP... biz.yahoo.com just a thought.. eL...

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