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Technology Stocks : SPYG in the mid-teens

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To: rocky haag who wrote (157)11/24/1996 2:28:00 AM
From: Roger Brown   of 219
 
There are many reasons that a stock price goes down...and a major one is CASH FLOW...which may be small the next Q or two...Especially for a Small company such as SPYG that was profitable earlier then may barely be for 2 quarters...unless it's a write off or something (which it unfortunatley isn't in this case), usually investors do not like it...this a decline in the stock price...THis has been a pattern with two other stocks i've seen in a similar situation...

I say this because with this one, one hopes that everything comes out rosy...Investors seem to punish stocks very easily these days...This one's PE could dip below 30 sometime...maybe not this Q, but one needs to have this in the back of his head...Some stocks stay elevated through news such as this...since this has Obviously not so far, i express concern regarding a bottom...don't think we've hit it yet as i posted a while ago...I'd look for some single digits soon unless Everyone on the market has a heyday shortly...It's now trading at an ALL TIME LOW...Makes one wonder...

Good luck and i hope the R&D pays off handsomely...Much opportunity on this one if the company plays it's cards right......

ALso check out PCMS...a low PE relative to it's growth rate...especially last Q...We are all in here to make money...
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