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Technology Stocks : Anyone heard of VITECH AMERICA

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To: Clifford Topel who wrote (18)2/21/1997 9:03:00 AM
From: Citibob   of 23
 
Cliff, I have not had the luxury of looking at all of VTCH's financials as of yet but it does strike me that their balance sheet is clean and they are trading at a very low P/E relative to the PC group at large. If they earn $1.15 this year even at a modest P/E of 15 to 20 you are looking at a stock whose value should be more like $17.25 -$23.00 per share.

It has a small float so if you like it you will have little time to jump on board with the rest of us select few. It is under accumulation as well. (A) in IBD. Its your call. :)

FYI, I am long 1500 at $14.00.

Regards,
Citibob
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