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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: aktony who wrote (8884)	5/1/2001 7:19:18 PM
From: Tom Hua	Read Replies (2) \| Respond to of 19633

aktony, at today's price MWAV trades at PE of 5 on 2001 earnings (7 on 2000 earnings). A conservative PE of 15-20 is still cheap given the fact this company has been growing very rapidly and doing everything right. I'm holding. And I think most of the SIers who got in today aren't just interested in scalping a pt or two. Joe Turek will be doing road shows at institutions soon, more and more will learn about this undervalued gem. Morgan Stanley recently took an interest and started buying into MWAV, expect more to join. MWAV was my No. 1 winner last year. Hopefully history repeats itself. Regards, Tom