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Technology Stocks : Brightpoint - CELL
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To: mark bailey who wrote (1023)10/7/1998 11:26:00 AM
From: jgercke  Read Replies (2) of 1999
 
Ok, the anxiety continues.
At the current quote of 6.625, CELL is trading at about 10x trailing earnings and less than 9x forward earnings. Year/year projected profit growth is 43%, next year over this year is projected at 34%, current PEG is less than .2 !
Have we seen enuf hysteria yet? Even if the company doesn't meet its numbers, it would seem this stock is oversold. I mean, if it were growing at half it's projected rate it would be worth arguably twice its current price.
Gimme a break.
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