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Technology Stocks : TECD - Tech Data
TECD 144.900.0%Jun 30 5:00 PM EST

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To: Judy Muldawer who wrote (186)8/20/1997 8:10:00 AM
From: Will Cunningham   of 584
 
Judy, Looks like Tech is very liquid these days with good volume. Don't you question the valuation of Tech and Ingram at this time? They are the two biggest resellers, they are doing well, but they have razor thin margins and I don't remember hearing whether either company has diversified into higher margin services like MicroAge, Vanstar, CompuCom, and Inacom. These four resellers have much lower P/Es than Tech and Ingram. Any reasons for the divergence?
Regards,
Will
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