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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: JDN who wrote (1038)8/6/1997 5:21:00 PM
From: Mary Beth Ford   of 31646
 
Running Bull

When I bought Presstek the pe was 600. My $4300 investment went to $40,000 with a pe over 1000. The stock came crashing back down to an $8000 investment (still almost double my original investment) Today this investment is over $20000 (4 times my original investment and the pe is 250. This was a story stock and the momentum ran the price up before the story. Well the story is still being told and it wasn't a bad investment since this all took place over an 18 month period. pe is only relevent to the present until the story is over. Could you be trying to scare people or do you not know what you are talking about? Just curious.
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