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Technology Stocks : PictureTel (PCTL)
PCTL 0.00010000.0%Aug 4 2:00 PM EST

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To: MoonBrother who wrote (410)4/3/1997 4:45:00 PM
From: Anthony Ho   of 920
 
I tend to agree with you. Looking at the latest Zacks analysis, the consensus called for 1.3 where 1.0 is a strong buy and 5.0 is a strong sell; of the total 4 analysts that are currently covering PCTL, 3 have
a strong buy and 1 as a moderate buy. Of course, this was updated as of March 31, 1997. In any event, I don't think the revenue/EPS warnings today will significantly change the analysts' view. Anyone out there to share with me their opinion. The stock appears to be undervalued at this price, in relation to its earnings power for 1998 (Disclaimer: please do your homework before making your investment decision). Good Luck
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