OCCF: Optical Cable Corp Message Board

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Technology Stocks : OCCF: Optical Cable Corp

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To: James Burke who wrote (530)	1/19/1998 5:38:00 PM
From: Matt Kaarlela	Read Replies (1) of 545

James, I would like to see this one move up as bad as the next guy but for Kopstein to miss projections by 25% can happen for any number of reasons. Market conditions change and projections are nothing but educated guesses. I'm not saying I like it but we (I own their stock too) can hardly cry foul just becuase they missed projections. Now I will say this: Regardless of his position, an honest and sincere question deserves a response. You hit the nail on the head as for the dramatic drop in stock price. They just didn't justify the loftly PE ratio based on slowing growth. The potential good news is maybe the current price is in line with current profits and any significant increase in sales could result in a healthy gain (I hope). Down but not out...yet!

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