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Technology Stocks : FLIR Systems, Inc.

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To: Robert Douglas who wrote (8)8/21/1998 12:44:00 PM
From: Robert Douglas  Read Replies (1) of 22
 
Pacific Crest Securities, one of the few brokerage firms that follows FLIR, has a strong buy on the company and calender estimates of $1.86 for 1999. At 15 1/4 that gives FLIR a P/E ratio of 8.2 on next years estimated earnings. For a nicely growing company this seems strangely low. I guess I'll have to go buy some more.

-Robert
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