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Non-Tech : BMC Industries

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To: margaret tasset who wrote ()6/16/1998 11:05:00 AM
From: jackhach  Read Replies (1) of 359
 
The stock's market cap is running at about 70 to 75% of annualized sales -- that is usually a very, very good indicator that a stock has been oversold. The stock price could go to over $11.00 just to make 1:1 ratio of sales to market cap.

Just read in a recent Asset Manager magazine article that this ratio was the most durable of all indicators. The article basically expressed that a companies sales to market cap will nearly always determine the general fate of the stock's performance.

The higher the sales to market cap the better. In the case of BMC -- the stock is way oversold...

-JH
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