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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Frederick Langford who wrote (10487)8/3/2002 9:31:35 PM
From: Dave Gore  Read Replies (1) of 16631
 
Ouch! Glad I don't hold that one. I don't agree with Barron's at all, because when the PE and PEG and price are already so low, one would think news of this kind, if true, ought to be built in. You think Barron's is connected to shorting? LOL!

If ESST was trading at a PE of 25, ok, but when it's near 10 and under, it hard to understand how it would drop much more. But, knowing the skittish traders, I wouldn't be surprised.
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