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Technology Stocks : California Amplifier
CAMP 5.960+0.7%Dec 26 9:30 AM EST

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From: Kevin6/4/1996 1:08:00 PM
   of 41
 
Tom. I'll use ASND again as an example regarding the concern
over CAMP's P/E. ASND has been trading with a P/E over 100 for about
a year now. In that time period, the stock has quadrupled (approximately).
The only time a P/e figure should really come into play in a situation
like this is when the company reports weaker than expected. Then the company
is proving that it can't grow at the current "expected" level. I still
stand by what I've said since February....hold until the EPS report
comes in ugly.

If you're looking for bobs and dips to profit on, go to their options.
As a long term investment, this is constantly proving that you can't
beat holding it.
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