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Non-Tech : HOT TOPIC (HOTT)
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To: TSMITH2 who wrote (58)2/16/1999 12:30:00 AM
From: Jeff Carolla  Read Replies (1) of 74
 
I cannot imagine why this stock has been thrashed. Trading at a
PE of about 11, it has an estimated growth rate of 20-35%. Its PEG
is well under .50!!! It has recently been slammed to about 13 and is
level at this point. There seems to be no downside unless the PE goes
to 7 which is what I picked up GM at last year (and made a nice 20%
in six weeks).
It seems that the market is only moving with the CSCO/WM/INTC types.
See a good analysis of HOTT on the Motley Fool.
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