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Technology Stocks : APSG - Applied Signal

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To: Burlitis who wrote (637)12/19/1997 11:40:00 AM
From: Robert K. Schott  Read Replies (1) of 884
 
Alex:

You're right. The last I looked the stock was down over a point on just over 40K volume. The MMs jerk this issue around much too much on such small volume. It's not a penny stock. The company just came in with $.91 in earnings, and with great growth to boot! Let's try to remember that. Banging this stock down far in excess (as a percentage) of the overall market is rediculous. ONE MORE TIME, ALL, APAG is NOT dependent on overseas growth, and is FAR less economically sensitive than most issue. Therefore, it should be well outperforming the market, not underperforming. Also, it is not already selling at some crazy multiple! Tell the MMs, "hell no!"

best regards
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