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Technology Stocks : CHPS
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To: Mark who wrote (2179)7/24/1997 1:53:00 PM
From: David Rosenthal   of 2740
 
Mark and Clay,

Nice points. There has been a great deal of momentum talk on this thread which really clouds how good the earnings announcement was. CHPs was the leader in this segment last year and the price dropped because of increasing tax rates, competition and product alignment.

I think that these concerns are starting to be answered. CHPs may have had the best earnings of the graphics sector last quarter. They continue to bring new product online and are expanding into other areas. I am not worried about the current price drift and expect good price appreciation going forward.

dave
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