Remedy Taking a hit why? Message Board

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Technology Stocks : Remedy Taking a hit why?

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To: Clam Clam who wrote (356)	11/24/1997 12:52:00 PM
From: GJD	Read Replies (1) of 763

RMDY's earnings estimates for fiscal '97 are 0.97 and for '98 is $1.39. The growth rate for this co. seems to be coming down to the 50% area from the 80-100% area. The stock has not made any price progress to allow for the pe compression from the 80s to its current 55. Granted that it will not grow as fast as the past, it seems to be reasonably priced. A pe of 50 for 1.39 will yield a price in the high 60s. Do you believe that a more pronounced deceleation is possible and if so what are your reasons?

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