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Technology Stocks : SIEB Siebert Financial Brokerage

SIEB 2.840

+4.8%

3:59 PM EST

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To: Lance who wrote (181)	3/18/1999 4:59:00 AM
From: Randy Elder	Read Replies (1) of 284

Lance: Its true that you never know when the hype will set in, but if reality sets in, look out below. Price/book = 40.37; Price/sales = 20.69; Price/earnings = 20.69; compare this to any other brokerage, including E*Trade, and you'll see how insanely overvalued it is. IMHO, on a fundamental basis, this stock would be richly valued at $3, but with its small float, it could easily run up again if the mania reasserts itself. Happy Trading

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