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Technology Stocks : INSS - International Network Services

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To: Glenn D. Rudolph who wrote (105)5/14/1997 7:39:00 PM
From: joemjo   of 446
 
Glenn,
Which assumption is too optimistic?
1. 99 earnings $.80
2. post 99 growth rate of 50%
3. PE of 50 on current fiscal year estimate

Volatility is common, but didn't the three stocks mentioned (COMS,CSCC,CSCO) all have flat (CSCO) or declining (COMS,CSCC) sequential quarters? INSS met expectations consistently. In other words were these stocks at their highs reflecting an optimistic short term future growth which was not delivered?

Another way to look at it is which stock at their high had the most unreasonable price.

INSS at 50
CSCC at 90
CSCO at 75
COMS at 82

Let's throw in ASND which didn't disappoint anybody but still is well off its high.

I'm well past being merely perplexed but you can't help but be drawn to these stocks which are so dynamic and dripping with opportunity and danger.

Todd
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