That's how I found it too, then I started looking at some of the fundamentals. The price/sales, ROE, etc are not so hot, but they don't have much debt and they have a spotty, if profitable, earnings history.
It's expected to earn .65 in fiscal 1997, or just about triple earnings. The P/E would be 24 if it made these estimates. Selling for a P/E about 76 right now at 15 1/4.
Looks like it's tanked a little over the past few days, back to high 13s, so I guess that kills the technical indicators. Also, I have a rule, never buy the week before earnings are announced.
This is one I'll keep watching for a while. |
