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Technology Stocks : ESPS, Inc. (NASDAQ: ESPS)

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To: Topannuity who wrote (3)6/11/1999 9:10:00 AM
From: WTSherman  Read Replies (1) of 26
 
<I was counting on an early pop in price that would sustain for the minimum "one-month required holding period" <

Top, I have no idea if the stock will "pop" or not and you shouldn't take my comments to mean that I think it won't.

My main point was that the company will very quickly find that it cannot sustain growth at the rates that it has, due to the small market size. Once the market realizes this the PE will come down to something like 20.
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