LEXR Lexar Media Buyer Beware Message Board

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Strategies & Market Trends : LEXR Lexar Media Buyer Beware

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To: Michael H who wrote (19)	5/30/2003 7:51:45 PM
From: Roger W. Bowen	Read Replies (1) of 28

I think that the P/E is not a valid metric for LEXR at the moment, since E/S seems to rise at the moment. The insider sales are likely the rest of the VCs cashing in their investments. I built a position around 4, and I believe the stock would be fairly valued nearer to 12 than to 9, but the market is always more right than you. I put my stops near 7, cashing in what I have got and looking for a lower reentry point if it's going through my stops. Michael Hi Michael, I chickened out and sold my measly 1,000 shares yesterday @ $8.06. I had entered a little over a month ago @ $3.74 and the straight-line climb sort of freaked me out. I'll sure keep my eye on this one with the intent of entering at a lower point. I'm not sure I understand your 'venture capitalist' argument. According to Yahoo the sales are by company officers. Roger

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