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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector

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To: kolo55 who wrote (72)3/3/1997 10:49:00 PM
From: Adelantado   of 2542
 
I guess that I'm one of those who have some SGMA and watched this afternoon as it plumetted to its price of last May. Perhaps you have some comments regarding this security that has consistantly beat earning estimates but, frankly underperformed. At 22, its p/e was 17. Now, its p/e is probably around 8, and its forward p/e 4. I think that its a few hungry bears shorting as much as they can to see who falls from the limbs.
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