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Technology Stocks : StarTek(SRT)

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To: reid brandon who wrote (5)9/26/1997 2:23:00 PM
From: Harbor   of 13
 
I agree this is a hard stock to evaluate, so my primary decision making on buying or selling is based on fundamentals and valuation. I have depended on my broker for news. Latest yesterday from Donaldson, Lufkin & Jenrette is that 3Q EPS will be .11 instead of .19 and full year .52 instead of .60 due as I stated before that some business will not be reflected until the 4Q. No change in 98 estimate of .83. They say take advantage of dip to add to positions. That still gives it a PE of 16.25 with a projected 98 growth rate 48% based on price of $13.50. I am not going to chase it here at $13.50. If it drops to 13 or under I'm adding.

Good luck, Harbor
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