ATEC Group. Huge growth with PE of 12.5! Message Board

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Microcap & Penny Stocks : ATEC Group. Huge growth with PE of 12.5!

ATEC 14.05

-4.2%

Feb 4 3:59 PM EST

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To: Hunter who wrote (1247)	9/14/1998 11:04:00 PM
From: Carl Wysocki	Read Replies (1) of 1298

Hunter, you're using the wrong sector for ATEC comparisons. If I'm not mistaken you are quoting SI metrics, and ATEC is essentially a wholesaler/retailer. I checked a few days ago, and the median PE for the companies seemed to be in the 8-14 range. But, if they can keep up the growth, it could be a decent return. Me, I'm waiting for the details behind the 10k to see if they've turned around gross margins. They've done a great job dumping manufacturers inventory (that's essentially what their CFO called the "wholesale business"), but is it really sustainable. My main concern is how easily management was willing to sell out at a low price. especially to such a "dog" company as IATA. Their credibility is temporarily destroyed, but can be regained through performance. I may be reading too much into this, but I like to retain a skeptical posture. My $0.02

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