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Technology Stocks : TLAB info?
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To: Ron Kline who wrote (1381)10/13/1997 10:29:00 PM
From: CHIP HUNTER   of 7342
 
Ron do you think you will see the funnymentals changing before others and be able to sell before them?? I can give you stock after stock where the funnymentals were intact but the stock started falling before some bad news came out. A stock I shorted recently was CYMI at 37 when a analysts gave a buy rating but within a week or so it was down to 25... If you believe in what analysts say you better get out of this game. As far as the funnymentals go a stock with a pe of 91 with a growth rate of 65 is overvalued in most value investors opinions I'm sure. Also the eps came in .01 above expectations when they have been blowing the expectations out of the water, appears it might be slowing down in my opinion. But since I don't follow the funnymentals I'll let others worry about this.Good luck
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