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Technology Stocks : LHSP: Lernout En Hauspie -- Ignore unavailable to you. Want to Upgrade?


To: VALUESPEC who wrote (440)12/15/1997 3:49:00 PM
From: Acey  Read Replies (1) | Respond to of 2467
 
To all,

I'm greatly impressed with LHSPF. Now it's trading at 36!!! I was wondering if I could get anyone's opinion of this stock at this price. It seems that the selling is becoming panicky for no reason. Thanks

acey



To: VALUESPEC who wrote (440)12/15/1997 4:02:00 PM
From: VALUESPEC  Read Replies (1) | Respond to of 2467
 
I bought a few shares @ $ 36.00. Hopefully it will calm down soon. I really like the technology and the future is definitely with voice dictation/command. With earnings next Q of about .32 means LHSPF is only selling at a PE of about 28 based on 4 X .32= 1.28

$ 36/1.28= 28.8 PE

The company already stated that they expect to meet 1997 and 1998 estimates so support could be found soon.

VS