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Technology Stocks : Exide: Overbought or bargain?

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To: Francisco A. Tomei, Ph.D. who wrote (32)1/31/1997 6:11:00 AM
From: Bob Frey   of 125
 
Debt= 1.3 billion Equity =2.7 billion. Profits are rising 100 percent of US demand for lead is produced by them and about 30% of European needs. The stronger dollar works against the sales numbers and since the industry was down 11% for the period and they were down only 6% it looks like they had some major market share gains.

If you are looking for a long term play I still think it is a good one but my play is for a couple of weeks and at the time of posting at 21.5 20% or more should be lit. trouble.
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