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Non-Tech : To all mountain bikers out there - Cannondale Corp. (BIKE)
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To: Joaquim Souza who wrote ()3/20/1997 12:29:00 PM
From: Jeff Walberg   of 38
 
Any ideas about the recent drop in BIKE? I'm rarely interested in short term trading (< 1 yr) but I've watched BIKE bounce up and down between 15 and 25 so many times over the past 2 years that I'm accumulating shares in my IRA every time it dips much below 20. I'm not quite sure why a company with consistent and projected earnings in the 25-30% range is trading at a P/E below 15.
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