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


To: Warren Hampton who wrote (287)12/5/1997 6:41:00 PM
From: Ron Kline  Respond to of 1494
 
I'm here. I just bought some Jan options yesterday. Was a little nervous for it to hold 17 but today confirms that there are buyers out there for this company. I think the selloff was overdone and the stock will go much higher over time. yesterday's announcement just said that targets were fine, and there seems to be no change in anything since it was trading at $30. With a PE of 15 growing at almost 100%, this stock is just too cheap. I won't sell anything below $30, however long that may take. It never should have corrected so much, but since it did, I will take advantage of it.
Ron



To: Warren Hampton who wrote (287)12/6/1997 2:46:00 PM
From: WTD ADMIREE  Respond to of 1494
 
Let's hope that they are out either buying or trying to pawn/borrow on/sell what they can to raise cash to buy. I'm in sync with Ron Kline. Per earlier statements posted, this is too good an opportunity for those who are flush with cash now and can hold the CHSE they acquire now for at least six months. I would not be suprised if in early to mid-Feb we do not see close to 30 or 30+ if the boxmaker fever hits and people realize how dumb they were to drop these types last October.