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Strategies & Market Trends : Rande Is . . . HOME
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To: GREENLAW4-7 who wrote (42076)11/24/2000 9:50:29 AM
From: Rande Is  Read Replies (2) of 57584
 
I did. But any buying down here in the dumps . . . and I do mean the dumps when a stock has a PE of 1.9!! . . . must be considered long term. We have heard from the CEO that they are making good headway toward diversifying their customer base. . . so they are not so reliant on A.T. & T.

So if he was not lying, the stock should be fine. Remember, they have a very impressive product line. . .and distribute for other less known optical companies.

But name me another time EVER when you could buy an optical broadband company at a 1.9 PE ratio.

Rande Is
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