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To: James Strauss who wrote (2116)	6/28/1998 4:41:00 PM
From: Redhead	Respond to of 13094

Jim, re:PIR Thanks for the comeback....have been doing some new DD on this....apparantly some analysts as giving a $32 target price in the new 12 months....not bad....and as I said a 3 for 2 split coming up... My DD turned up some interesting points...apparently the PE is projected to drop from 20 to 18 next year....projection....also the growth rate is estimated to be 20%.. this stock appeals to me as they buy primarily from the far east.....I think cost of goods will continue to be low for them.... Thanks for the chart analyst.....appreciate it....and your opinion is always valued by me....smile Redhead