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Non-Tech : SIRN - Sirena Apparel Group: Undervalued But Moving Up

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To: James Wright who wrote (10)5/6/1998 9:22:00 AM
From: Dave Hanson  Read Replies (1) of 161
 
Thanks for the info Jim--I'm looking to get in. A question: why do you think a "more realistic PE of 25" for June '98 FY? A quick look at the SP tearsheet for SIRN shows the 5-year historical PE range as 5.8-13.0.

The numbers and technical action do look excellent. As a newbie to the apparel sector, I'm just working to understand how the market can be expected to eventually reward SIRN's impressive recent achievements.

Best,

Dave
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