SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : US Robotics (USRX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rambi who wrote (3)7/19/1996 12:16:00 PM
From: David Rubin   of 51
 
USRX is a very sensitive stock. Any time there is a hint of bad news
from a competitor or any tech stock that remotely has something to
do with modems, USRX takes a hit.

These are great buying opportunities because these drops are caused
by market conditions and not negative company news.

Every time USRX reports earnings the stock gets a boost. The fact is,
in the low 70s the stock trades at a P/E of about 40. This is LOW for
a company that has been growing at a rate of over 60% per year.

Expect USRX to be back in the 90s after earnings, but it will take
its hits when market conditions turn sour. Nonetheless I fully expect
USRX to be at least 120 by the end of the year.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext