Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Doktor who wrote (1970)	12/4/1997 12:40:00 PM
From: Rob L.	Read Replies (1) \| Respond to of 6317

If you look at Fenton's record so far he has been right 50% of the time. Anybody can do that. He was right on JBIL and partially right on ABTE (I don't know when he started recommending that one), but he has been dead wrong on PSIX which he recommended at 8 (now at 6.5) and he recommended shorting AOC at around 50 (now at 54.5). He is doing no better than guessing. I looked at ABTE on takeover rumors and his advise sparked my interest further. I must admit the stock looks grossly undervauled and I bought some this morning. PEG ratio is at .5. At the current price of 9.5 if it approves of the takeover at 12 then that's a 26% return. I'll take that every time. I also think the takeout price is closer to 14 so that would be a 47% reutrn.