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To: Charles Tutt who wrote (3257)10/18/1999 9:22:00 PM
From: William Partmann  Read Replies (1) | Respond to of 4722
 
I think it's down in sympathy with Lexmark. Lexmark announced poor 4 quarter projections.



To: Charles Tutt who wrote (3257)10/19/1999 11:35:00 AM
From: Kirk ©  Read Replies (3) | Respond to of 4722
 
This is almost silly.

Is there some news that I missed that makes a stock worth $118 a few months ago now worth $75?
Growth rate of 13% lowerd to 10% shouldn't be worth a hit of this magnitude considering we were coming from a 6% growth rate.

Where is Carly to say "this is a silly sell off and we are buying back stock at these levels?"

It looks more like a rock than a technology stock selling at at PE near 23 and 20 times 2000 earnings.

I took profits all the way up, but now I am wishing I dumped more....but I am sure I am not alone! 8)