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Technology Stocks : Shiva
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To: Mojie Aghaalian who wrote (64)7/24/1996 6:03:00 PM
From: emichael   of 5036
 
Money is leaving this stock because of P/E 4200. High P/E's like this have been dropping dramatically in the last few weeks. Surprised this stock isn't down in the 20's buy now. Companies with much lower p/e's and great earnings are way undersold, but stocks like Shiva are still coming down. Let's wait to buy in on the low and wait for the company to show good earnings in the next few years.
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