HS - CHS Electronics Message Board

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Technology Stocks : HS - CHS Electronics

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To: PMylnar who wrote (272)	11/29/1997 9:38:00 AM
From: ArnieC	Read Replies (1) of 1494

PMylnar: What a stock should or should not be trading at is immaterial, it trades at what the market allows. One buys the stock, not the company. CHSE is not covered by many analysts and perhaps those that do feel a PE of about 16 is fair. CHSE growth rate is hampered by a weak Latin market and this is likely adversely affecting the stock. There is a near support at about 17 1/2. If the stock tests that and it holds, then the stock might firm up. I am also disappointed in a stock that appeared to have strong upwards momentum just a short time ago, but has now faltered. Arnie

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