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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: MonsieurGonzo who wrote (7526)1/17/2000 10:46:00 PM
From: Berney  Read Replies (1) | Respond to of 11051
 
MG, Re: Doing the DD on DD

DD is a lot like F the year before. The PE Ratio is not real. EPS of $7.15 in the 3rd quarter included $6.92 from the disposition of Conoco. FA will be useless for some time to come.

The story is best viewed on the weekly chart. That has been a long down trend line since 5/98. Tried to break through it and ran out of gas. If it can break back above it, my projection for the break out would be $82.

In the industrial cyclicals, I just like GT more. Hard to believe that it is almost selling at book value. The earnings projections show a possible 50% move in EPS this year. Either management is going to get its act together or this puppy could be on the block.

Just a View from the Swamp

TB