CANSLIM - COAST TO COAST Message Board

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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: Bruce A. Brotnov who wrote (4993)	7/22/1999 8:25:00 AM
From: James Wright	Read Replies (3) of 6445

I've been watching PMRY (Pomeroy Computer Resource) since early this year, and it looks like it is at a good entry point at current levels. It now is trading at around 15, and there seems to be solid support at 14 with no significant resistance until around 20. Book value is around $10, with price to sales of only $0.27. The float is 9 million shares. The current PE is around 8, with projected growth over the next couple of years of around 17% per annum. This may be conservative, however, given its nearly 40% annual growth rate over the last five years. Nonetheless, next year's projected earnings are $2.43. PMRY has traded in the past with a PE as high as 45, and the current PE is near its historic lows. The only negative I've found is insider selling. I haven't bought yet, but thought I'd throw this out to see if others have any thoughts. -- Jim

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