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Technology Stocks : Remedy Taking a hit why?

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To: Kid Rock who wrote (378)12/15/1997 2:12:00 PM
From: Charles P. Hubbard  Read Replies (1) of 763
 
Thomas, At today's price ( about 30) RMDY has a TTM
PE = 30
PS = 7
PB = 4.3
Since its PE is now less than the historical growth rate, it doesn't look like a good short to me, but I would not go long on it in this market either. I will watch it for awhile.
Good luck
Charles
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