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Technology Stocks : Meade Instruments Corp MEAD -- Ignore unavailable to you. Want to Upgrade?


To: Mark Fleming who wrote (107)3/28/2000 2:01:00 AM
From: nihil  Read Replies (1) | Respond to of 175
 
I can't see that a PE of 44 is unreasonable for a company whose EPS are growing as rapidly as MEAD. Any new business just makes it look much better. The authentication of this American manufacturing company in optics represented by TeraBeam is far more important than anyone can imagine. I would guess that Meade is in a position to become recognized as a prestigious producer of quality optics. That they produce inexpensive products is just icing on the cake.