Supertex (SUPX) - Does anyone follow? Message Board

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

SUPX 18.69

+7.4%

3:59 PM EST

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To: Leland H. Smith who wrote (266)	7/14/1997 10:41:00 PM
From: Alain DeBlandre	of 392

Yes. This company has witnessed a downfall from short term investors, dumping the stock from a P/E in line with similar business to a number far below the worth quarter annualized. Clearly, most investors do not perceive the value of a company LEARNING FROM A MISTAKE. That's fine, I did and will get away wealthier. Further, look at how many high tech companies are trading at a higher price with no earning ! Based on their Supertex last release and statement, they are back on track. Their balance sheet is so solid, I predict they will acquire or will be acquired in the next 12 months. My forecast: I foresee SUPX going back to 22-24 by year end should the market remain bull.

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