Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (92837)	4/12/2000 5:56:00 PM
From: Roger Schelling	of 120523

Jenna: You have so kindly responded to this: Which source are you using for this view? Telescan? ADTN has a peg of 1.56, CHKP has a peg of 3.30. ADTN trades at a 49% Discount PE Multiple of 39.9 x earnings, vs. the 78.1 X average multiple at which the Communications Equipment SubIndustry is priced. CHKP trades at a 89% Premium PE Multiple of 108.7 X, vs. the 57.5 X average multiple at which the Software & Services SubIndustry is priced. With this:Data taken from: First Call (premium service), Yhoo finance, Telescan ProSearch Criteria report and sometimes to confirm moneycentral.msn.com I then spent some time looking at PEG rates. Which was interesting, because given the recent bull run they had been not watched very much.(At least by me) Heck they seemed to be way beyond anyone's 'hold' level anyway(As noted above with CHKP). I find it interesting that you are able to still 'see' Peg Rate as a relative value indicator. And rightfully so. But I sure am glad you dug it up as an indicator to go by. INFS, which is obviously lacking in 'group strength', shows by Market Guide and can it be calculated, to have a PEG rate of 1.05 @ Stock price $37. So at $29 it shapes up a tad better @.72 Peg Rate. By $20 it would be an attractive .5 Peg Rate. If I have this understood as Market Guide lists it, and "The Fool Bunch" explained it. :) I sure hope we don't have to go as far to the extreme in value for a recovery as we did overvalued for a sell off:) Anyway I did buy some INFS @ $31 Bucks today, so my rookie status shines here. This statement shows much more experience. Ah Hem "As soon as there won't be any stocks left to short, maybe the market will rally so I won't ignore buy triggers even if they pull back. Its better than chasing the lows for stocks that move even lower." Yup I get the picture. LOL Actually it might help now that INFS has the 'great' earnings in the bag and can head for the next 'anticipation'. Well thanks again for your's and the other's responses and insights here. Any other value indicators I can watch as things come down from overvalued into some reasonable value? Sure can't go by price. 1/2 the former price does not mean value it seems. Are you using 15 minute candlesticks to help with the timing for flipping short to long intraday? What other signals are you using to aid in the flipping of these trades? Lotsa experience understood. AFCO had a reasonable Peg Rate going into today. But I do not have the information here at this computer. It just got better today though. Any way it will help to know about holding or 'cutting' as the value increases and the price drops dramatically with the company fundies just staying the same:) Thanks for the list for 'spectacular earnings' to follow. Sure beats some of the ones I held before. Years to get to value.!! If you've read all this, glad you listened. Happy trading. Roger

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