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Technology Stocks : Symbol Technologies
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To: Keith Howells who wrote ()4/29/1999 4:14:00 AM
From: Labrador  Read Replies (1) of 128
 
Look at Symbol last when stock was in high 50's -- thought a little pricey. Now I see it at $45 -- earnings should come in around $1.80 for the year, I suspect. So stock is sporting a P/E around 25.

Can someone state when this stock has floundered down to under $50? Is there some fundamental shift in industry leadership that puts pressure on Symbol?

I note that there are no recent posts here, leaving me to believe that the potential growth of this company is waning in the views of SI members.
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