Park Electro (PKE) - Why tanked 7 points? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Park Electro (PKE) - Why tanked 7 points?

PKE 21.25

-0.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Filippo Zucchi who wrote (17)	5/9/1997 9:09:00 PM
From: Creditman	of 57

I just bought 6,000 shares this week because I believe the company is doing very well because the entire circuit board industry and the ECMs are doing very well. See HADCO's financials released yesterday ... who do you think is their main supplier? Right, PKE. Look at DIIG's recent earnings ... PKE again. Re your comments on "stinking up" or however you put it about the past two years .. OK this year has not been great YET but in '93 - '94 the stock was $13 or so, went to $26. About a year and a half ago the stock went from $25 to $50 and split 2 for 1. It started up again and hit $37. Then came some pretty bad GM stikes (PKE's biggest customer) and the costs of growth ... see how others in the industry like ELEX, have had PGTZ, etc have had higher revenues but the cost of growth .. buying new equipment, building new factories and training lots of new employees... can retard earnings for a while. Don't forget PKE pays a dividend too. OK it's not huge but it makes holding, waiting for the every few years big spurt upward a little easier. Agree? My advice to you is don't sell. Better times are coming .. soon!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next