Remedy Taking a hit why? Message Board

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Technology Stocks : Remedy Taking a hit why?

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To: Paul Barr who wrote (272)	9/16/1997 11:21:00 PM
From: Clam Clam	of 763

I don't blame you as somebody is sure to blow up given all the sales that need to be made in Sep.... RMDY's market doesn't have the competition like some of the other sectors do. I can't resist buying it at 25x earnings. It could go lower, but a low 20's P/E is unsustainable, IMO. VNTV got to 20x 1998 EPS in April at its low so if some other apps company blows up, RMDY might get dragged down there too (that would be about $28-30). I don't know where the bottom is and so I will just average my way in.

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