FSII - The Worst is Over? Message Board

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Technology Stocks : FSII - The Worst is Over?

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To: Running Bull who wrote (1109)	6/30/1997 3:25:00 PM
From: Donald Wennerstrom	of 2754

Thanks for the input. I am very happy to see them getting awards, etc. The latest $2M award didn't hurt any either. This is another prestigious win, since it sounds like there will be a lot more requirement for the same or similar items in the future. The stock has been gradually creeping up for the past several weeks. I think the market is trying to make up its mind on how well FSI is going to do in FY-98. With earnings "estimated" at 0.80 per share, a price of $16 gives a P/E of 20. Pretty average for the stocks of which FSI is a member. The question is though, what will the FY-98 earnings really be? Realistically no one knows yet, not even the analysts who are following the stock and responsible for making the estimates. If we ever get an inkling the earnings will be better than 80 cents, hang on for the upward ride in my opinion. Regards, Don W.

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