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Technology Stocks : Park Electro (PKE) - Why tanked 7 points?
PKE 19.10-2.1%Nov 13 3:59 PM EST

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To: Asymmetric who wrote (38)7/9/1997 6:22:00 AM
From: Creditman   of 57
 
Since I work there as you must know, I feel that I might be prejudiced and I also can't and don't want to say anything that might even be remotely construed as "inside or priviledged" information. OK with those caveats out of the way ... I think all good hi-tech companies as basic to the industry as PKE will grow more than 15% a year. We are the largest maker of thin core, multi-layer circuitboard material and with all the new gadgets people are buying, Hi D TV, all kinds of computer and web TV and related gear, all the communications equipment that everyone needs and that keeps on getting upgraded. 15% sounds low to me. I think 1st Call is missing something in our entire industry. i naturally follow the ECMs real close; ELEX, DIIG, ALRN, HADCO ... all customers of mine. I think 1st Call is calling all of them low on earnings, growth rates, etc.

That's my personal opinion anyway. Remember that in my job I look at our customers, not at "us". But as they, the customers are growing faster than 15% and there are not too many competing companies doing what we do ...1st Call has got to be wrong.
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