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Technology Stocks : Transact Technologies Inc (TACT) -- Ignore unavailable to you. Want to Upgrade?

To: Grommit who wrote (21)	11/4/1997 7:50:00 PM
From: Bwe	Read Replies (1) \| Respond to of 37

I don't think you're missing anything. Zacks has $.78 for FY 97 (p/e 16) and $1.14 for FY 98 (p/e 11). FY 96 actual was $.57 so we have 37% eps growth for 96-97 and 97-98 growth of 46%. Plus there's technical support right around these levels dating back to March-June '97 time periods. Bottom line, this seems like a fine entry point into the stock. Patience will be needed IMO as it is somewhat of a busted stock having cratered 36% off it's highs. If the downward earnings estimate revisions hang around these levels, or slightly lower, TACT is a growth stock awaiting rediscovery