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Technology Stocks : Tridex Corporation
TACT 4.640-1.9%Oct 30 3:58 PM EDT
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To: David Bauerle who wrote (38)9/23/1997 11:16:00 PM
From: Richard Rose   of 49
 
Yes you are correct David, was aware that a large portion of trailing earnings were associated with discontinued operations, so the PE = 4 does become a bit dicey as we move forward. I to bought partly because of the strong management and cash situation. I do believe management is taking action to build TRDX earnings separate from TACT, therefore I expect the PE will not deteriorate too rapidly. Any thoughts on how much the recent contracts will add to EPS 12 months forward? The last two price spikes coincided with the announcements.

Richard
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