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Technology Stocks : NCR Corporation: An AT&T Spinoff
NCR 27.08+3.2%Oct 16 5:00 PM EST

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To: Mister T who wrote (102)10/3/1997 5:21:00 PM
From: Eli Lauris   of 379
 
Mister T: Is there some particular reason why you think 29-33 level is more appropriate for this stock ? The stock is already trading at low PSR of about 0.55, while it has the potential to trade at PSR of around 2.0 when it achieves reasonable profit margins (see Jeff Maresh's excellent analysis). What that means is that most of the bad news are factored into the current price.
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