Glenayre Technologies(GEMS)- a pure cellular PCS play? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jeffrey L. Henken who wrote (2440)	1/10/1998 4:35:00 PM
From: Skeeter Bug	Read Replies (1) of 3431

jeff, how is a 40 pe for a company growing 10% (coke) a fair valuation? ;-) that sucker s/b cut in half. ge is about a 30 pe and growing at 10%. there are quite a bit more overvalued stocks, imho, in the dow. not every one, but enough that reality could push them down a lot. the 90s has been the biggest bull market in the history of the world. not a good gauge, imho. of course, i'm long several stocks and hope you are right. but i've seen stocks like swtx get pounded and it has a great future, imho, and trades at a very low multiple relative to operating eps. companies with worse prospects trade at 3 times the valuation. mu is a prime example. they'll post a loss for the year. their cash flow has been negative for quite some time - even while posting profits. the only reason they made more than a dime in any q is b/c the koreans held back inventory as a strategic ploy (won't happen again, though ;-) mu's future ability to play the crossover game that gets more expensive and has shorter cycle times should be in doubt. and nobody cares. it trades near $30. anyway, good luck. we are due :-)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next