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Technology Stocks : L-3 Communications Holdings, Inc. (LLL) -- Ignore unavailable to you. Want to Upgrade?


To: SteveG who wrote (2)5/20/1998 10:26:00 AM
From: Crossy  Respond to of 32
 
Steve & all,
well I'm in at 27.31. Like this company still cheap. Ridiculous Price to Sales ratio here at 0.65. IF L-3 is able to grow in secure comm/telemetry/wireless/sat business on the commercial side also, then they should be able to command a Price to Sales ratio of 3-5.

Look to Comsat (CQ). They command a Price to Sales of 3.4 with a net margin of 5% (same as L-3's statements indicate for now) just because they are perceived as a "SAT" company

best wishes
CROSSY



To: SteveG who wrote (2)5/21/1998 12:22:00 PM
From: Steve Bogart  Read Replies (1) | Respond to of 32
 
Which stockholders were eligible for the L-3 spinoff?
What about LMT employees with money in the LMT Stock Fund [401(k)]?