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Technology Stocks : ADIC--Looking for good steady growth

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To: Scott D. who wrote (3)10/22/1996 2:41:00 PM
From: Glass House   of 21
 
Volume is low? I think Friday's was 137K and Monday's was 72K, that's not too bad for this little stock. The old INTP often traded less than 10k per day prior to 1996.

Question, if this year's EPS is estimated at $0.35 and the currnet price is in the $12 range =/-, is everybody comfortable with a PE of 34? If shares go to $14 the PE would be 40, (unless, of course, the earnings keep climbing at the huge increases they have been.)

Also, most people now holding shares have already banked $4.10 per share (in CR stock) without losing anything on the price. What will that do to selling pressure if the quarterly report in November is poor?
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