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Technology Stocks : JPM Co. (JPMX, formerly JPMC)

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To: steve berman who wrote (48)5/6/1997 2:03:00 PM
From: J. P.   of 157
 
Hi Steve,

This is one of the two IBD 99/99 stocks. The other is INVX.
This one looks pretty good as long as the general market is
bullish. The earnings are around .80 share and PE around
26 with high growth potential. No options however. In my
opinion (I really don't know much, am a beginner!), this one
will require a bullish market,and earnings to continue
increasing at the torrid pace they have been, compressing the PE,
and this could be a money maker! I also am looking for an entry point, as this one, as well as INVX is extended off it's proper base...

Do you also use IBD to pick your stocks? (I screen them with IBD,
then screen again with internet research)

Regards,

Jim
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