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Non-Tech : Ingram Micro
IM 38.890.0%Dec 13 4:00 PM EST

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To: Will Cunningham who wrote (186)11/11/1997 8:18:00 PM
From: Terrapin  Read Replies (1) of 576
 
Thanks for the comforting thoughts!

I'd been getting myself riled up over the expansion into the asian markets and thus the greater volume to make up for the lower margins. I don't really no how to judge historical P/E's from companies this young but TECD has seen some close to this level.

My thoughts for the future are to watch this one for a temporary retreat while the acquisition passes and try to pick it up early next year. If it doesn't retreat, well...

Good luck with the short
John
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