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Technology Stocks : Copytele - Another XEROX in future

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To: Ken G who wrote (1074)11/7/1997 1:22:00 PM
From: Rich Goldsmith  Read Replies (1) of 1320
 
By George, I think you've almost got it! Let's see, using a PE of 10 I get about $30 a share, so we're close here. However, MSFT at 30 would have a growth of 300% (they actually have products that people pay money for) so suddenly I'm willing to pay at least $90. I'll see Windows98 and that 'fabled new internet search engine' way before COPY ever sells a thing. If COPY ever does sell anything to more than 10 people outside of the company, I'll buy back in, but not until then.

Bye the bye, I have, nor have I ever had, a short (or a margin)position in anything.

Regards,

Rich
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