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Technology Stocks : Richardson Electronics
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To: Paul Senior who wrote (1)6/10/1999 4:41:00 PM
From: don pagach  Read Replies (1) of 20
 
OK Paul, I am not saying that there is going to be a 10% move everytime I start a thread but.....

I looked into ARW and MI and thought hard about ARW -the company's fundamentals are pretty solid price to book at 1.1, positive growth, movement to more efficient operations. My major concern with these comp. is the lack of interest, RELL traded 19,700 shares and ARW 280,000 shart term moves are just not in the cards and long-term I think that after asia recovers it could be pretty steady for these firms. I am looking for RELL to get to 1.5 - 1.7 of book (about $12) and then hopefully sell.

Best Wishes.
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