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Technology Stocks : Computer Network Technology (CMNT)
CMNT 0.00010000.0%Dec 1 4:00 PM EST

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To: StockRanger who wrote (483)1/5/1999 3:04:00 PM
From: StockRanger  Read Replies (1) of 750
 
I picked up another 500 shares on weakness today. I saw a 52K block run across my screen today. CMNT should beat earnings again this quarter. While the PE is 300+ that is based on last years earnings of $0.04 and this year it will be between $0.23-0.28. Next year is forecasted to be around $0.40. That's a 77% earnings growth and with a price around $20 that is a PE of 50.
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