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Technology Stocks : INVX Innovex Comdex Winner !!
INVX 22.00-1.6%Dec 24 12:59 PM EST
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To: Box-By-The-Riviera™ who wrote (2099)1/20/1998 3:21:00 PM
From: Mark Oliver  Read Replies (1) of 3029
 
Joel, how do you get 28-30? That seems like a very favorable price for a company that isn't growing. You are calling for 10+ pe's on who knows what will be the revised estimates? Seems a little high to me.

Historically, the PE of INVX and disk drive stocks tend to be low. Seeing as there's not much to hype at the moment, I should think we'd see the mid range.

Regards,

Mark
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