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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (8918)11/10/1999 11:13:00 AM
From: Grommit  Read Replies (1) of 78627
 
(OT) A growth stock PLT

I posted here last April of APCC. Which was then at $13+ and is now at $23 (I just sold - one of my very few good investments). A few people commented favorably here so I will post another allmon type growth stock which I just moved my $$ to.

PLT - Plantronics
PE 18
Sales Growth (3 & 5 yr) 16%
EPS growth 3 yr 28%
CA/CL = 120/43 = 2.8
No Debt

They have 50% of the telephone headset market. LU largest customer. The company issued a press release in Aug stating FY2000 EPS (ending 4-1-00) will be $3.55-$3.70, or 18% - 23% above FY99.

I expect continued xx% growth with advances and acceptance of computer voice recognition. Solid company. Stock price considerably off it's high, like APCC was last April.

quote.yahoo.com

regards,
grommit
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