| |
Oliver, it depends on your investment time horizon. I am probably the last person to give opinions on USRX's current stock valuation level or on its likely short-term (3-6 month) price movements. My track record as a trader is not good, primarily because I let emotion cloud my decision-making process.
Since I have learned the hard way that I am not a good trader, I have tried to become more of an investor--that is, only buy stock in leading companies whose growth prospects look good for the foreseeable future, in dollar amounts that don't leave me sick to my stomach when the price goes down 20% or more. AND THEN HOLD ON FOR THE LONG TERM. Will ISP's, corporations, and individuals around the world increasingly continue to transfer information via networks, using modems or similar technology? I think so. Will USRX grow and prosper because of this need to network? I think so. Will USRX's earnings grow at a rate equal to or greater than its 1997 P/E ration? I think so. Therefore, I think USRX is a good long-term investment. Whether it is a good buy at current levels over the short run is anybody's guess. |
|
