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Technology Stocks : General Semiconductor / GENERAL INSTRUMENT
SEM 15.08+1.1%3:59 PM EST

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To: Les H who wrote (26)1/29/1997 4:17:00 PM
From: louis mason   of 99
 
Dear Les

Thanks for pointing out the DIGI-HLIT-SFA-GIC relationship to me. I now see that they are a related group. It seems like SFA & GIC follow each other in particular. I'm wondering about the prospects for SFA. I'm not used to owning stocks with PE's quite as high as these (although i do own GIC). SFA seems to have a PE = 90. This seems a little high, what do you think?

Is this just an acceptable attribute for this industry group? Is it because people are accepting the promise of future rewards when digital TV "happens" in the USA?

louis mason
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