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Technology Stocks : Perot Systems (PER)
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To: The Insider who wrote (410)3/29/1999 9:15:00 AM
From: Trader Harvey  Read Replies (1) of 542
 
Even if PER can still achieve 24% growth, it's not worth a 60+ P/E in a IT-professional services sector where other, even faster growing firms, not as dependent on a small client base, are selling well below 20 P/E and in some cases below 15.
This stock will undoubtedly settle out in the low-mid teens over the next 3-4 months, even if the entire sector recovers.
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