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Technology Stocks : Ross Technology? Let's talk!
RTEC 28.50-0.5%Oct 25 5:00 PM EST

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To: scott maragioglio who wrote (101)9/12/1996 8:08:00 PM
From: Robert Hoefer   of 475
 
Smartmoney magazine mentioned RTEC in its Stockscreen column (SEP 96) as one of 10 companies that were hot new issues last year but are bargains now. RTEC is quoted at $10.50 there, so I guess it's an even better steal now. They say analysts consensus next fiscal year is for an increase of 66% in earnings. One has to look twice at P/E vs. EPS growth to be sure it's not a typo. What are earnings forecasts in dollars and cents, if you know? Paul Sturm (psturm@smartmoney.com) screened these stocks according to value criteria, but also required them to have current buy recs from at least 2 analysts. Perhaps a
"buy" or 2 was pulled? So I say interest is not dead, it just may be a different kind of investor is becoming interested.
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