USRX Message Board - Msg: 135848

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Technology Stocks : USRX

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To: Mephisto who wrote (360)	6/19/1996 8:16:00 AM
From: Roger	of 18024

Isnt USRX's PE in the mid 20's (as per Lombard)? If it is, then why the huge drop? The CFO came out with a statement a week ago saying management was very comfortable (will beat?) analysts expectations for the current quarter and fiscal year. Its amazing to see this stock get butchered inspite of giving stellar earnings, no bad news and management giving comforting assurances regarding earnings. And, not all high PE stocks got butchered yesterday - look at MSFT and CSCO. They held their ground. Someone commented that this was jittery investors coupled with some market makers/institutions shaking down the price so they could make money on the puts and then buy, buy, buy. It sure is a strange world.

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