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Technology Stocks : Tektronix
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To: jeff nightbyrd who wrote (75)8/27/1997 2:19:00 PM
From: Gordon Quickstad   of 193
 
Tek's printers are first rate. They are quite different from the competing companies. They use a melted wax process which gives vivid opaque colors. The wax based inks and the printers themselves are more expensive than ink jet printers and are mostly sold to businesses as network printers.

With a PE of 14, this stock is cheap, especially for such a high quality company with so much technical expertise. This quarter is usually the slowest (ends Aug.) and the 4th fiscal quarter (ended May) is usually the best, so the comparison is usually bad (unless you compare to the previous year's same quarter). This stock won't go stellar, but it will make some solid gains.
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