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Technology Stocks : Shiva
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To: Alan J. Adams who wrote (84)8/13/1996 7:10:00 AM
From: Richard Query   of 5036
 
Alan..... SHVA is way over valued at this level even using est. earnings
for this year it is trading at a PE of 71. As a growth company it will trade
at a higher PE than a lot of companies, but IMHO a fair price is in the
mid 30's which would still be a PE of 50 on est. earnings.
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