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Technology Stocks : HS - CHS Electronics -- Ignore unavailable to you. Want to Upgrade?


To: John Howell who wrote (561)5/4/1998 9:02:00 PM
From: Ron Kline  Read Replies (1) | Respond to of 1494
 
All the box makers are starting to move and I think this will be good for CHSE stock. The tech stocks are finally showing signs of stability even though they have made little progress. I would expect this to change soon. The problem with CHSE stock is many people got burned when it nose dived from $30 last year. When a stock crashes like that it's very hard for it to just start outperfoming. People still don't trust the action and use any excuse possible to get out for fear it goes back to $14. It's not a stock for the faint of heart that's for sure.



To: John Howell who wrote (561)5/5/1998 8:04:00 PM
From: Gregory Cole Brock  Read Replies (1) | Respond to of 1494
 
John

Earnings are out and they are kick ass. The tax rate issue is a dead one since it was about the same last year and they would even have met estimates this time if they had a 35% rate. All margins except earnings on sales volume were up greatly. Earnings on sales margin down only .1% (great news in light of lower PC prices) This is obviously not much of a factor.

Stock's gonna rock. Shorts a squeezing now.

I am in LA this week and I think I will go out and celebrate tonight.

Greg