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Technology Stocks : Etec Systems moving up
ETEC 0.1500.0%Sep 8 5:00 PM EST

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To: jeffbas who wrote (112)12/12/1996 6:57:00 PM
From: Richard P. Roberts   of 1279
 
This is certainly a quiet thread for such a hot stock I enjoyed the ride from 28 to 37 and bailed out of 2000 shares for an early XMAS present. I was surprised to see Zacks rate ETEC with a 5 (strong sell) dated Dec 7, Thank God I didn't see it till today. I'm new at this but 37 divided by a $2.11 EPS (from quotecom) says that etec is trading at 17.53 times earnings, a tad worse than SP500 average of about 16.

What do you all think the "correct" share price should be and when? Happy Holy Daze to you.
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