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Technology Stocks : APAC Teleservices -- Ignore unavailable to you. Want to Upgrade?

To: investz who wrote (205)	6/18/1998 7:43:00 AM
From: Elsewhere	Respond to of 231

>Anyone ALIVE in this news group? Of course. APAC at its current level looks very attractive based on its fundamental valuation. A YPEG calculation: - Current quote $8 - '99 consensus EPS estimate $0.67 - '99 PE 12 - Estimated five-year EPS growth 25% - PEG (PE divided by growth) '99 -> 0.48 (generally it's difficult to find candidates below 1) - YPEG price target $16.75 In my view the continued slide is induced "technically". Just as many other stocks are currently in a positive feedback loop APAC is in a negative one. It's easy to imagine the frustration of people buying beyond $40. In my view it will take years to get rid of the stock oversupply by disappointed longs but eventually an APAC position established now should be very rewarding. If the projected 5-year growth materializes APAC EPS will be $2 by 2004, so we have a PE 2004e 4 stock. If APAC returns to a market valuation this could mean a quintupling until then. Jochen References: YPEG: fool.com EPS, growth estimates: biz.yahoo.com

To: investz who wrote (205)	6/26/1998 9:44:00 AM
From: Elsewhere	Read Replies (1) \| Respond to of 231

APAC to take Q2 charge, sees Q2 loss biz.yahoo.com Last trade at $5 7/8. Ok, now we are down about 90% from the top ($59 in Q4/96), and this for a company having grown from $13 mio. in revenues in 1992 to an estimated $547 mio. this year. Well, who cares - "as of March 4, 1998 there were 283 holders of record" (Annual Report 1997, p. 33), and of those all insiders have sold since then ;-(. APAC will be a good example for what will happen to the current breed of hot stocks like YHOO et al. when one day reality will set in. Good luck to all remaining longs (which includes me - no reason to sell now), Jochen