Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Thermo Electron (TMO) -- Ignore unavailable to you. Want to Upgrade?

To: Wallace Rivers who wrote (267)	6/2/1998 8:18:00 PM
From: John Hayman	Read Replies (1) \| Respond to of 450

Wallace, I hear ya! If you really want to read negative comments about the thermo units go to the TMO thread on Yahoo. I have never heard so much negative about a company before. With that said...I like it. I think their philosophy makes sense, and if you look at there long term chart for earnings, it looks good. TMO and the board of directors are in charge, period. Their plan is to promote anyone that has a neat idea, and use stock options as an incentive. I guess some people don't like this idea, but hey, don't buy the stock then. I just bought TMO for the fourth time at 34+. I like to trade it, seems predictable just using a PE. I believe it is worth at least 40 by this years earnings, using a pe of 23. I think the company is growing earnings at around 20 %. Plus, remember this company is a SP 500 company. Buying back stock, and sitting on a few billion in cash. Also, look at VL's report on it. They are projecting a low price of 70 in 3-5 years. AT todays price that is 20% a year at the minimum. I believe they had a high price of 90, but don't hold me to that. So, unless you think this stock is ponzi scheme, as many do, then look elsewhere. For me, I have made money on it, so I'm in it again. good investing, John