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Technology Stocks : Imation (IMN)

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To: levy who wrote (76)11/15/1999 4:48:00 PM
From: pater tenebrarum  Read Replies (1) of 103
 
Levy, i have to admit i know nothing about the holographic storage devices...what attracted me to IMN was simply the low p/e vs. the big earnings growth rate. since i see no let-up for the demand for storage generally on the horizon and IMN has proven it can execute, i expect the market will reward their earnings growth rate in due time. i realize the stock is near an all time high, but it could easily be discovered by momentum players at some point. and if you want to know what happens then, just look at QCOM...<ggg>

regards,

hb
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