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.

Microcap & Penny Stocks : Cade Industries -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Stoxx who wrote (2985)	7/24/1998 12:26:00 PM
From: Ditchdigger	Read Replies (2) \| Respond to of 3563

TC,I don't know your buy in price,but we have to remember,many bought on the runnup to 4 3/8 and expected it to head to 5.00 for a good short term gain.I didn't see it and still think it will be early '99,but that's besides the point.IMO the stock is pretty fairly valued when one takes into account the average current PE of the Dow stocks and the growth this company is experiencing. These PE's for the Dow,internet,software etc.,are far to high and must retrace IMO.,but the question is,what PE should CADE be valued at? Most definitely forward IMO. I think CADE is a pretty good place to be for awhile,hell I held over a year the first time around and made 50%,I can wait another year if need be to make the next 50%<g>..DD