To: Sergio H who wrote (4552 ) 5/8/1998 9:05:00 PM From: Ditchdigger Read Replies (1) | Respond to of 29382
Sergio,I think a lot of the info on Yahoo-research is incorrect. I have found a lot of glitches..It may be time to get a full zacks report. Much of the Yahoo info seems to be outdated.. Time for a little hype-found this,it was released 4/4/98.. Stock picks for investors Questron Technology has traded as high as $42 and as low as $2.50 in the past five years and is currently in the lower quartile of that range, despite 11 consecutive quarters of profits. Questron provides low-tech hardware to high-tech manufacturers. Serving such corporate giants as Applied Materials, Cisco Systems and DSC Communications, Questron sells hundreds of electronic hardware components. Questron has been a consolidating force in this behind-the-scenes sector of the high-tech industry, buying up small companies that manufactured only a handful of components and thus building a larger organization with more to offer. Although Questron itself is still fairly small, the market for this low-tech hardware is estimated to be in the neighborhood of $2 billion annually and most of the suppliers are of the $3 million to $10 million variety. Questron is rapidly becoming one of the big fish in this small pond. Wall Street values this company near $20 million vs. revenue of $25 million for a price-to-sales ratio under 1:1. Earnings of $0.51 gives us a trailing p/e ratio of 14 while estimates for $0.68 in 1998 places the forward p/e near 10. Book value is comfortably above $5. We're calling the stock a buy here with a target of $10 per share in the next few months and a potential double over the next year. Should the stock market collapse, downside risk should be to book value around $5.25. _Leo Hood, ProFiles Daily FAX Service, Gainesville, Fla.