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Technology Stocks : MasTec, Inc - MTZ -- Ignore unavailable to you. Want to Upgrade?

To: John Morelli who wrote (50)	1/28/1998 11:07:00 PM
From: Lou Cifer	Read Replies (1) \| Respond to of 69

MTZ went down from the $40s to $20 based on 3 events: a)The sickness and death of Mr.Mas. b)The strike in Spain. c)Tax loss selling. With the company's growth,EPS,and industry dominance the stock should have never gone that low.It isn't that MTZ is up 50% from Dec. but that in Dec.the stock was down 64% from the high.With EPS this year close to $3 and management buying stock and declaring publicly that the stock is extremely underpriced MTZ will make a new high this year. The beauty is that with a float of about 8 mill. shares and 2.5 mill. shorts the stock will move very fast to new highs.(If you don't believe me check the chart for 1996).With all this events behind us and good news coming a conservative PE(for this year)of 20 gives us a $55-60 price on the stock.Stay tuned for EPS release in early March.