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Technology Stocks : Computer Network Technology (CMNT)
CMNT 0.00010000.0%Nov 26 4:00 PM EST

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To: John D. White who wrote (480)12/23/1998 9:03:00 PM
From: Carl R.  Read Replies (1) of 750
 
Why mess around? I boosted my holdings a small amount at 12 on this last dip. This stock is now starting to get valued as an internet play. That entitles it to a typical internut forward PE of about, oh, 8000 or so. Let's see, 8000 times next projected years EPS of $.45 means that this stock should have a target price of about $3000. <VBG>

That sounds reasonable, doesn't it?

Carl
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