HS - CHS Electronics Message Board

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Technology Stocks : HS - CHS Electronics

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To: WTD ADMIREE who wrote (233)	11/11/1997 4:50:00 PM
From: Ron Kline	Read Replies (1) of 1494

I think in this market environment CHSE is a very difficult stock to own. One is you have Latin America and many countries in downtrends. They already do not have the money we have so any slowdown will slow computer purchases. Second you have a large part of their business selling disk drives which we all know is one of the worst sectors to be in. When I listened to the conference call I was surprised by the pickup in business they have had just in the last couple of months. I took that to mean that they are still doing well and I don't see them slowing down. Although I sold half my position weeks back I will probbly be back buying at lower prices. The question is how low will it go. PE is already very low there must be bottom soon. Oh this market can drive you crazy. Great earnings, beats estimates and at the same time we go in a stock market crash. What are those money market rates returning these days? Ron

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