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Technology Stocks : HS - CHS Electronics -- Ignore unavailable to you. Want to Upgrade?


To: set who wrote (275)11/29/1997 1:29:00 PM
From: WTD ADMIREE  Read Replies (1) | Respond to of 1494
 
I like it ST, but I have to admit that there is a part of me that hopes that some of us are not pulling together info to make the self-fulfilling prophecy and ignoring that which contradicts our conclusion. I think, however, that CHSE management and financials are in sync. Maybe it's the intangible bias, but after reading more about Osario and his management team's innovations I lean in favor of a "quick" comeback.
You've seen ArnieC's post. I have some disagreement with the idea that the market may always be correct when there is less of a pattern and more of a run for the exits out of fear/greed. If you followed the US news when Thailand et al started to tank, you'd have thought that the Apocalypse was landing on both US coasts.
I believe that CHSE is a case where a more rational analysis is going to prevail and would not be surprised if you are correct in the "predicted" $55 in two years...assuming that there are no extreme global turns.
One more thing. For those who keep using Latin America as the swinging cutting pendulum over our heads, it seems that according to some writers it is not as severe as originally thought (at least not within the next six months). Brazil which could be an economic catalyst either way for the southern hemisphere is implementing a strong regulatory and tax package in order to protect their currency. NO guarantees there, but it is promising.