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Technology Stocks : ORTEL
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To: craig crawford who wrote (401)10/4/1997 7:21:00 PM
From: Roger Zucchet   of 659
 
I remember a time not too long ago when ORTL and HLIT would rise and fall in sympathy with one another. HLIT took an absolute beating last week, while ORTL remained (relatively) stable.

A look at each company's financials indicates ORTL commands a much higher Price/Sales and P/E ratio than HLIT.

I still own half my shares in ORTL (sold the other half a couple weeks ago). The valuations seem out of whack with this one, at least they do to me... Am I missing something?

-Roger
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