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Technology Stocks : BAY Ntwks (under House)

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To: adam hefian who wrote (4349)2/28/1998 2:58:00 PM
From: missing  Read Replies (1) of 6980
 
Hmmm? Lets see. A very strong qrtr? The trailing EPS' have been around
avg of .24. A "very strong qrtr" (with the Asia the situation ) would be .26.
This results in a 4 qrtr earning of .95 per share. At 60 /share, that is a P/E of 63. Wow. PE of 63 for a company that has struggled with earning growth for exactly 2 years is pretty high.
I think your are being optimistic.
I bought BAY because it was way undervalued. Holding on to Bay for new highs is a dangerous game. IMHO!
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