Remedy Taking a hit why? Message Board

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Technology Stocks : Remedy Taking a hit why?

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To: Charles P. Hubbard who wrote (379)	12/15/1997 2:30:00 PM
From: Konehead	of 763

Charles, Your comments are extremely understated. At a P/E of 30x 1997 estimates of $.96, Remedy is a screaming buy, unless there is some bad news in the offing. Remedy's historical earnings growth has been over 100%. Both the company and the analysts are projecting growth to slow to 40%. The market has already fully discounted this projection. And growth hasn't even shown signs of slowing (yet). QED I'm long this puppy.

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