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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Venditâ„¢ who wrote (13366)8/11/2000 7:10:19 PM
From: avanti77  Read Replies (1) | Respond to of 19374
 
Reid,

Why would you put up the chart of a stock with such a low PE?

Hey there old friend! I was hoping those tight bollies would get your attention. <vbg>The low p/e satisfies my risk/reward tolerance while the bulls and bears play tug of war. Fundamentals that I liked best were that they're a mid-cap stock, and I see money rotating out of the large caps. Also, I like the way they held up during the April/May sell-off. TECD benefited from sector consolidation, and gained market share. As a final plus, for a company that's been around for a long time, they maintain a large % of insider ownership.

It actually looks like a fairly safe place to put some longer term $$ IMO. All indicators are moving in a positive direction. The issue seems to be very solid and steady.
Yep. That's what I'm looking for right now. No heroics for me in this market.

Thanks for your feedback. Good to hear from you, as always!