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Technology Stocks : Thermo-'s, six stocks ....look like exhaustion bottoms ? -- Ignore unavailable to you. Want to Upgrade?


To: Angler who wrote (38)10/26/1997 10:00:00 AM
From: John Hayman  Read Replies (1) | Respond to of 103
 
Angler,

THI will come back. This is just a market problem and maybe a chance to buy more. You have to realize these things do not go in a straight line. It was due to pull back and the market problem was the catalyst that did it. I haven't looked at a chart of THI for awhile, but I have used these pullbacks to buy more.
One other factor you have to keep in mind is the buying back of stock from TMO and THI. When it gets low they buy. I have owned this stock for over 6 years and it has been a nice winner for me. I still feel it will continue to grow and we will be up and over all time highs again. The Market is the only thing to cause problems now!
It usually is high priced. This year it had a PE of 21 (aprox), the lowest I had ever seen it....I bought more. Good luck, John