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Technology Stocks : High Growth Techstocks for 1998 -- Ignore unavailable to you. Want to Upgrade?


To: Rohit Sood who wrote (148)12/29/1997 10:08:00 PM
From: Bob DiMascio  Read Replies (1) | Respond to of 598
 
You should look at MicroAge (MICA). Selling at less than 8x earnings and growing at 25% and selling at book value. In a high growth business and a Fortune 500 Company. If their ever was a bargain this is it. Fair value at double the current price and not fully valued until triple the current price.



To: Rohit Sood who wrote (148)12/29/1997 11:02:00 PM
From: White Shoes  Read Replies (1) | Respond to of 598
 
Don't have time to look up the stock symbols I don't know here, but I do recognize ERTS. I believe Electronic Arts is poised to do better than expected, and they have had a killer 1997. Scanning the game makers for the best buy (I was reading the favorable Barron's article on the game makers) is tough though. I suspect that the smaller companies will do what smaller game companies have always done, either be extremely volatile or go out of business. Electronic Arts is extremely impressive in spite of a pretty high multiple (by current bear market standards). Not a screaming buy unless you have a crystal ball, but my crystal ball says DO NOT UNDERESTIMATE THE POWER OF MADDEN (anyone who has played Madden NFL 97 will know what I'm saying).

After asking a couple of people from abroad I would also say do not underestimate the power of the ROAD TO THE WORLD CUP FIFA Soccer game.