JACO - Jaco Electronics, Inc. Message Board

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Technology Stocks : JACO - Jaco Electronics, Inc.

JACO 0.0001000

0.0%

Dec 26 9:30 AM EST

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To: LakesideTrader who wrote (61)	3/11/2000 11:19:00 PM
From: John Chapman	of 78

I bought in on the 9th based on a Zacks screen for 50 percent or better growth this year. Data then showed PE trailing at 121; PE (F1) 10.37 and PE (F2)7.73. All kinds of wild long term targets could be derived from those numbers. That is just the kind of growth institutions like. See insidertrader.com which shows the accumulation by institutions over the last few quarters. marketguide.com shows slightly different data. The thing I see holding JACO back from many institutions jumping in is the extremely small float. 1 million shares is not very many for funds to get into very easily. JACO should solve that problem though when its price gets up there and can then split a few times. Meanwhile things could get very explosive if a lot of new buyers come in with such little room for them. We saw 1/4 of the float traded Friday.

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