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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (16901)7/1/1999 1:18:00 PM
From: Triffin  Read Replies (2) | Respond to of 56532
 
CNET ..

Anybody know why this one is off 11% ???
Looked like it was breaking out to
the upside yesterday .. check the chart

techstocks.com

looks like the DST chart from 10 days ago

techstocks.com

Jim in CT ..



To: Trader J who wrote (16901)7/1/1999 1:19:00 PM
From: Norm Demers  Respond to of 56532
 
I believe the P/E reflects profits from sale of some VRSN stock. I also believe they sold more this Qtr. The P/E should drop even lower when the numbers come out. Maybe down to 10 or so. At any rate, they should be trading closer to a forward looking P/E closer to 40. IMHO