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Strategies & Market Trends : THW-Tag Heuer International-Swiss Sportswatch Maker

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To: Andrew Q. Viet who wrote (4)4/5/1997 2:50:00 PM
From: mike gubser   of 10
 
Hallo Andrew
Like you posted, Tag Heuer presented their results. The stock is also listed at the Swiss Stock Exchange and went yesterday at 201.5 SF. The Company went public at SF 245 and after that as low as SF 180.--.
They have a P/E of 16 compared with a P/E of 15 on SMH.(SMH is the biggest Swiss Watch maker (OMEGA,SWATCH ....)). I'm not very interested in Watch Stocks right now. There are more interesting stocks with a higher growth potential around, also in Switzerland.
mike
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