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Technology Stocks : CHRZ - What is the near term outlook?

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To: M. Carver who wrote (158)2/4/1999 9:49:00 AM
From: Brian H.  Read Replies (3) of 443
 
Well, I finally bought in yesterday at $19 5/16. I first want everyone on this thread to know that if you do the opposite of what I do then past performance shows you would have made a lot of money. I just see this company trading at these levels and think that some of the analysts following it do not understand the industry.

I have worked for these types of companies for 12 years and while the Y2K monies are nice, and an added bonus. They are not the end all to the continued growth. The computer support and services industry is booming. Here in Washington, D.C. there is not enough people to fill the jobs. I know that to be the case in most area of the U.S. That being said, most of the computer service companies trade at 25+ PE's.

I look at CHRZ and see a value play. Trading at around a 14 PE for this year and an 11 PE for next year's estimates. Hmmmm, I would rather take my chances on an industry I know, and on a growing company with this low a PE as opposed to the rest of the S&P 500 that has an average PE of close to 30 (JMHO).

Brian H.
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