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Technology Stocks : Thermo Electron (TMO)
TMO 566.40-0.3%3:21 PM EST

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To: Thomas C. White who wrote (264)5/14/1998 6:39:00 PM
From: John Hayman  Read Replies (1) of 450
 
Thomas,

Good question, when will it turn? What does this new earnings make the PE now...25? Close. It is fairly valued PE wise, but this stock is usually over valued most of the time. I don't own it at this time, but the last time I bought it was around 37. Most of all the thermo units have reported earnings, but not much happened with any of them. I am still watching and waiting.....it will go sooner or later.
Good luck, John
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