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Technology Stocks : Cerner-Is this stock ready to break out soon! -- Ignore unavailable to you. Want to Upgrade?

To: James B. Barnes who wrote (72)	4/24/1998 10:48:00 PM
From: Gary T. Richards	Read Replies (1) \| Respond to of 83

Yes, the P.E. is, and traditionally has been, relatively high. I bought my shares over 9 years ago, however, so that obviously hasn't bothered me. If Cerner can earn close to $1.00/share in the next 12 months, the projected P.E. seems more reasonable. I can't predict the market short term, but I think Cerner will be realizing during the next few years the rewards of management's vision and willingness to think long range. Their story, as I read it in the annual report received today, seemed quite compelling. Of course I am not a completely objective observer.