Genicom (GECM) Message Board

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Microcap & Penny Stocks : Genicom (GECM)

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To: Sam Armstrong who wrote (62)	8/20/1997 12:40:00 PM
From: Carl Yee	of 231

<<I bought it with intentions of it going to 10 - 22 before Christmas.>> Did you mean 20-22, since it is already over 10? Assuming that you did, I would say that 20-22 seems a bit high since at the estimated earnings of 0.85 and a PE of 20 that is more like 17ish. But if earnings keep up at the rate they is going the PE needs to rise to match the aearnings record, if could do 20 if earnings beat estimate and PE rises to the 20s. I would count on it pulling back sometime as it has a beaut of a run. I plan to take some profits off, but maintain a core holding. Carl

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