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Technology Stocks : Teradyne -- Ignore unavailable to you. Want to Upgrade?

To: D.J.Smyth who wrote (687)	1/20/1998 5:32:00 PM
From: William T. Katz	Read Replies (1) \| Respond to of 1184

Orders $458.2, Sales $391.7. That verifies the positive backlog and "building in the hallways" type of rumors that have been circulating. More importantly, this stock has been absolutely pummeled based on Asian and general slowdown fears. If we just sit halfway between extreme euphoria and absolute panic, this stock should move up from here. I assume the orders are counting the 3Com orders. The forward-looking eps is looking pretty reasonable now with forward P/E at good discount to the growth rate. Now if only I had held my KMAG short longer :)