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Technology Stocks : Continental Circuits (CCIR) -- Ignore unavailable to you. Want to Upgrade?

To: Jim Neal who wrote (48)	1/3/1998 8:28:00 PM
From: Creditman	Respond to of 54

I'm in the business and can tell you for certain that CCIR is doing well and has little exposure to Asia .. as littl;e as any U.S. company has. They make boards and do some assembly type work for big U.S. firms like Motorola. The entire industry has been down; SANM, HDCO, etc. Also CCIR has been growing through acquisition which always scares some folks. Also they show up in small to mid-cap funds and when semiconductor and software outfits go down, so do the PCBs like CCIR ... for no good reason.

To: Jim Neal who wrote (48)	1/5/1998 1:57:00 PM
From: Dana Breite	Read Replies (1) \| Respond to of 54

According to Zacks, at some point last month analysts estimates were lowered for FY 7/98 from $1.49 to $1.44 and Q3 4/98 from .38 to .36, but FY 7/99 estimates were raised .08 to $1.72. Consensus LT growth rate remains at 22.5%. Zacks also has the following recommendations for CCIR: 11/25/97 A G Edwards Buy-Aggressive, 12/01/97 Adams Harkness & Hill Attractive, and The Chicago Corporation Buy. These recommendations don't seem to indicate much concern over the Asian economic troubles; nevertheless, some estimates were lowered, and then things worsened with tax loss selling. I feel CCIR may get a P/E ratio of around 20 with earnings of $1.44. That's over $28. I'm tempted to average down at $15, but I'll hold out to see if there are any lower estimates coming. Good luck, Dana