Transact Technologies Inc (TACT) Message Board

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Technology Stocks : Transact Technologies Inc (TACT)

TACT 3.920

-3.0%

Dec 26 9:30 AM EST

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To: Grommit who wrote (27)	12/9/1997 5:56:00 PM
From: Bwe	Read Replies (2) of 37

Just wondering out loud why the stock has pulled back so decisively from it's recent run to $15. The CEO's visit on "Squawk Box" was quite impressive and earnings estimates are still at $.75 and $1.12 for FY '99. I know there's some overhead resistance in the $14-16 range, but this 20% pullback seems excessive. Trading at a bit over 11x year ahead earnings and growing at almost 50%.....am I missing something?

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