Supertex (SUPX) - Does anyone follow? Message Board

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Technology Stocks : Supertex (SUPX) - Does anyone follow?

SUPX 38.78

-13.2%

3:59 PM EST

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To: John Touart who wrote (253)	6/24/1997 7:11:00 PM
From: marquis103	of 392

Guess I've been quiet because I'm in mild shock. I bought at 12 3/8 a few weeks ago and watched the price jump to 15 3/8. I thought it was a sign of getting back into the twenties. The action since then has me worried. Zacks has lowered the earnings estimate for this year from .93 to .83. With a 20 PE that's still plenty to send the stock to the mid teens. They also estimate 1.10 for next year. Color me baffled. Since the estimate is .17 for the current quarter .18 would be okay with me also. Anything over estimates might put the stock where it belongs. Higher!!!

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