I have also been told that IBM announced that its services sector is strengthening, which may have led some investors to search for other stocks in this same service niche. TRNT’s strong growth record and financial condition, and its low price multiple relative to others in this segment, make it a likely candidate to emerge from any institution’s screening process.
However, I don’t feel that the price has moved up excessively. It is reassuring to note that almost one year ago, on September 26, 1995, the stock reached a high of $6.50 a share, about twice its current level
By the way, if anyone would like to receive my in-depth Analysis of TransNet, please e-mail me at rmdavis1@ix.netcom.com. |
