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Microcap & Penny Stocks : ATEC Group. Huge growth with PE of 12.5! -- Ignore unavailable to you. Want to Upgrade?


To: tony mendoza who wrote (1081)2/18/1998 9:08:00 PM
From: Carl Wysocki  Read Replies (1) | Respond to of 1298
 
I'm also hoping for a pop based on any hype surrounding a
Y2000 announcement, but we may be too far along into
the cycle to get any significant gain even if the announcement
occurs. All I'm asking for is 6 1/2, such a simple request.

Actually, I have mixed emotions on the fundamentals of this stock,
and am probably leaning towards a negative opinion. This
company is only a systems integrator in their own mind, as in
reality they are merely a collection of 4 Computerland stores.
Nothing inherently wrong with that, but the valuation metrics are
significantly lower than for an SI. Given the intensely competitive
environment for computer stores, a 10-12 PE is not a screaming buy,
and PSRs of 0.1 - 0.25 are not uncommon (well, 0.25 is probably
on the high side, unless you're a CompUSA).

Carl