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Technology Stocks : Transact Technologies Inc (TACT)
TACT 3.920-3.0%Dec 26 9:30 AM EST

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To: Papillon who wrote (25)11/11/1997 12:25:00 AM
From: Bwe  Read Replies (1) of 37
 
Received the latest issue of "TS" in the mail this afternoon. As I suspected, the newsletters $13 mental stop loss caused an exit from the stock. From the newsletter:
"........With a number of tech issues in decline, we want to reduce our exposure to this area for now. Owning a correcting Intel is one thing......but owning a Transact when it's not acting right is too risky in todays marketplace where a 50% to 75% plunge can occur."
The newsletter recommends Genicom (GECM as a buy below $12. GECM is also in the printer business.
At these levels (barring continued downward eps revisions, which is a possibility) I prefer TACT.
Year ago eps FY97 FY 98 5 yr. Growth
GECM $.17a $.86e(406%) $1.16e(35%) -
TACT $.57a $.75e(32%) $1.12e(49%) 25%
FWIW,
Bruce
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