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Biotech / Medical : XRAY - Undiscovered Gem -- Ignore unavailable to you. Want to Upgrade?

To: Henrik who wrote (34)	2/27/1999 11:37:00 PM
From: TonyAylward	Read Replies (1) \| Respond to of 47

Any one awake out there in XRAY land? I just bought this stock when it popped up through my screen.......What so good about XRAY right now? looks like a good chance of a technical rebound since the consumer non-cyclical group is on the up over the past month while XRAY itself is on a down draught against its own intact 30-day up trend. OK, so why buy it? Value mainly:- 1) Current price $25 versus est.value $30 = p/e 18(historic vs. 15 current)*$1.72 estimated current eps 2) low P/e - to - growth ratio 15 / 16% 3) low debt - will never go bankrupt