SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CCSC - Coherent Communications
CCSC 5.170+0.4%Apr 20 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: R Cesar who wrote (118)2/28/1997 1:49:00 PM
From: JakeStraw   of 381
 
RC, The market has been unkind to many communications related issues lately. CCSC currently trades at a p/e of around 30 based on 1996 fiscal year e.p.s. of .63. Based on that, it is really fairly valued. Consensus e.p.s. estimates for 1997 are around .85, or around 35% higher than 1996. Based on this, at its current share price of $19 it's trading at a p/e of around 22, which really makes it attractive for the longer term. It's a good company with good fundamentals, if you have some patience you should be rewarded. I would also recommend a look at AMLJ, CPRD, VARL & WTT.

P.S. First Call has a consensus recommendation of a 1.3, with 1.0 being a buy and 5.0 being a sell on CCSC.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext