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Technology Stocks : Hummingbird Comm. (HUMC)

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To: White Shoes who wrote (1294)2/1/1998 9:37:00 AM
From: Harry Stein  Read Replies (2) of 2018
 
Current PE? With another 25%+ growth in last quarters earnings, what does that put the current PE at? I can't imagine that the stock will trade at PE's approaching 10, especially when you look at the PE of the rest of the market. There is a brokerage firm here in Canada called Marleau Lemire that was big into Hummingbird, it is closing shop due to some poor bond trades and some potential miss alocation of funds (don't have the full story). It is possible that they have been winding down their stock portfolios, thus the stagnant HUM price.
Regards.
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