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Technology Stocks : Gerber Scientific (GRB)
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To: Box-By-The-Riviera™ who wrote (2)7/23/2000 11:34:13 AM
From: Paul Senior  Read Replies (2) of 5
 
I'd rather see GRB work through the issue of the weaker euro (revenue increases/cost cutting/etc.). Though I see that what you are saying - to wait - is very logical and if successful, would likely provide a quicker and maybe larger profit.

My general operating principle is to buy undervalued companies when I find them. GRB is undervalued imo, & in past years it's usually traded above its current price. A strengthening euro might be only one of a number of reasons that the stock could rise. I'd rather be in the stock now and hold it than try to time my purchase to the GRB's relationship to the euro. (Although an even worsening euro could drop the stock even further.)

Paul,
and I have been wrong many, many times
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