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Technology Stocks : Mathsoft (MATH) Breakout in Progress?
MATH 2.320-2.1%3:57 PM EST

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To: Norrin Radd who wrote (261)10/19/2000 2:59:39 PM
From: tom r. phillips  Read Replies (2) of 273
 
Tom -- short of a market crash/recrash, MATH appears to have put in its low at 1.75. good action today after earnings conference call. FSC in the trash can and the path looks clear for a return to real earnings growth. continuing operations income is expected to be .32 this year and .40 next. at $2 per share, that figures to a P/E of 5 to 6.25 looking forward. (industry average 33!). so, just P/E expansion is likely to lift price dramatically from here.

conference call replay: 1888-836-6074; code 4691778.

Tom
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