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

To: rogermci® who wrote (123)	3/30/2000 8:08:00 AM
From: Bosco	Respond to of 175

Hi all - roger, it seems that some people, me included, here think MEAD is undervalued and others, I presume you and Islander belong to that camp, think she is overvalued [I guess your word is "a joke," :)] what is your reason[s] of thinking so apart from the lack of details about the Terabeam story. It is only fair for me to tell you what I think. Basically, I ve discounted totally about the Terabeam story. At the current price, PEG = .51 while Sci Instrument = 1.64 and S&P = 2.18 [per Yahoo! Research.] Even if we disregard any relative comparison, a PEG of 1 will provide MEAD with a ~$130/shr [MEAD has never split her stock before per Yahoo!, but there is always the 1st time ;).] In conclusion, IMHO, attacking the stock from the Terabeam angle is not enough to say the stock is overvalued. good luck best, Bosco