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Technology Stocks : OCCF: Optical Cable Corp
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To: Jonathan Cleveland who wrote (298)12/22/1996 6:33:00 PM
From: White Shoes   of 545
 
There are two stories:

(1) High P/E due to hot sector and future earnings growth potential

(2) High P/E due to the CEO being full of BS and the stock splitting several times and confusing lots of little old investors from Virginia.

Basically I think people should look at it as dispassionately as possible. This is now my view. Read the annual earnings report carefully when it comes out, crunch the numbers, and make your decision based on that. I have already made mine.
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