PSUN A new breakout at $30+! Message Board

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Non-Tech : PSUN A new breakout at $30+!

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To: E. Graphs who wrote (669)	11/25/1998 7:54:00 AM
From: kendall harmon	Read Replies (2) of 1622

This is a ridiculous overreaction. Let us say the analyst at Bt Alex Brown is right. From this website (http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=psun&script=1600&layout=7) you can see that consensus First Call estimates were 1.13 until yesterday, when he moved his down to 1.11. Last year's earnings were .80, so this would be a year over year earnings growth rate of 38.75%. If we use the current price of 16 1/2, the stock is trading at a P/E of just under 15 for next year's earnings, less than half of its growth rate and under the market average. www.viwes.com also has the short information, showing 1.1 million shares sold short and a dramatic increase in the number of shares short in October. Look for a bounce today.

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