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Technology Stocks : Quarterdeck: Making a Striking Comeback!
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To: Jesse Livermore who wrote (1750)11/15/1997 1:58:00 PM
From: Tim McMahon  Read Replies (2) of 3307
 
Hi Jesse,

Quarterdeck does seem to be a cyclical type of software company,
but, I wanted to temper a little on your comments. The last
boom in QDEK I think was textbook case of hype. When it TOPPED
at 39 it had a P/E somewhere in the stratosphere of 120. And
this was 39 at the height of the internet craze, just compare
QDEK with NSCP, or any other internet stock at that time.

My concern these days, do they have some products that will sell.
To me it seems that simple. I don't have a clue to the answer
to that one and rely upon the rest of you guys out there for more
expertise.

I'm in at around 3 and I am thinking that QDEK is due for a nice
run up during the next 6 months, it'll be great if you're right
that we're at the bottom here.

Tim McMahon
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