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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: ANDY DUMAS who wrote (3447)10/21/1997 10:16:00 PM
From: MyStoxGoUp  Read Replies (1) of 120523
 
APM: Earnings play.

The stock has never recovered from the SEG effect,APM's 2 biggest customers; WDC and QNTM both reported satisfactory earnings,especially QNTM. It is now resting on a strong support of 29.50,APM is very,very cheap relative to the sector,PE of 7-8,growth rate of 25%.
Phil
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