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Strategies & Market Trends : Undiscovered Value + Growth

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To: curtis christopher who wrote (165)8/8/1998 11:05:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 183
 
I have looked at PFINA before. I checked again tonight and here is a breif summation for you in my opinion of why the stock did not break out of it's base.

First it's really a great value but it's not a spectacular growth story. Second it's really not all that sexy a business so many investors might not see the continued growth for PFINA as something to get excited over.

The problem with a basing stock is we don't really know if the stock has been under accumulation or not. What do you think?

I checked everywhere to see how they did with earnings estimates. No one seems to follows PFINA. I went to Market Edge to get a technical analysis opinion, also no information. I went to Vector Vest and found they have a hold recommendation.

Anyway I think you have a great value but it is at the top end of it's historical P/E range and I don't see investors paying more for PFINA.
Here is where I found that information:

wsrn.com

Good luck with it!

Regards, Jeff
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