US Robotics (USRX) Message Board

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Technology Stocks : US Robotics (USRX)

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To: Rambi who wrote (6)	7/24/1996 6:46:00 PM
From: David Rubin	of 51

Well, earnings are out and as usual they are spectacular. The company has shown 130% growth over the past year. Earnings exceeded expectations, however, don't expect the stock to skyrocket because of it. It's a rocky time for NASDAQ now. In fact I would not be surprised if USRX went down on Thursday, with investors paying more attention to the comment from a USRX official that "revenues in the current quarter should not be expected to grow at the same rate" or something to that effect. This is likely to strike fear in some investors. With the new earnings report the P/E is outrageously low for USRX. When the tech stocks come out of this temporary mess, I would expect to see USRX back in the low 90s again before long.

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