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Technology Stocks : Cerner-Is this stock ready to break out soon!
CERN 94.920.0%Sep 8 5:00 PM EST

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To: david wolf who wrote (39)9/21/1997 1:28:00 AM
From: rod runyan   of 83
 
Like you, I held on through the dead years, but bailed last week at 31.75 with a huge sign of relief. To me, the risk seemed much higher than the reward with the p/e over 130.

This is a good company but historically it has only supported a multiple of less than 50% of its current valuation. If you look at the estimates it doesn't seem to make a lot of sense. good luck. rod
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