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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: OldAIMGuy who wrote (8020)7/29/1999 1:22:00 PM
From: JZGalt  Read Replies (2) of 18928
 
Tom,

The stuff I'm doing at Confirmatory Analysis.com wouldn't really apply to VTSS. Typically, the leader in a particular field and a field that is well known will obtain Gorilla status and the p/e multiples are expanded beyond the analysis. These sorts of stocks I just try to buy at a forward PEG near 1.0 vs. going for the "cheap" level.

Anyway. EPS growth rate = 38.4%, 12 month forward eps = $1.21 so "fair value" = $46.50 which is where I'd start to aggressively buy the stock.

As I noted a while back I bought a "toe in the water" position in VTSS at $64 and change the other day and I wouldn't mind a bit if I got a chance at more at $46. <grin>

Occasionally, as you know, VTSS has a tendency to dip down to or below it's 200 day moving average.

BTW, in this carnage, one of my previous suggestions is now back into the buy area. CCRD below $40 is worth looking at IMO.

----
Dave
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