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Technology Stocks : Adaptec (ADPT) -- Ignore unavailable to you. Want to Upgrade?


To: Doug Skrypek who wrote (3412)8/10/1998 3:29:00 PM
From: Arthur  Read Replies (1) | Respond to of 5944
 
Forbes ASAP Article - Aug 24,1998 pg 36

(Forbes ASAP is a separate technology magazine that is sent to Forbes subscribers)

Treasure Hunter - How to capitalize when tech stocks take a plunge by Geoff Baum

The article discusses indicators that point out attractive tech stocks among those that have had their stock price plunge. While the article doesn't discuss individual stocks, it lists 8 including ADPT that are attractive.

The article has a chart that lists 5-year projected earnings, price to sales, and Growth Flow ratio. Growth Flow ratio is from Michael Murphy (California Technology Stock Letter) - "growth flow equals the firm's earnings plus R&D expenditures. ....... Companies with a price-to-growth-flow ratio of 10 or below look cheap."

For ADPT Growth Flow ratio is 4.66 Price to sales is 1.59 5-year projected Earnings is 23.25%.

I could not find the article at www.forbes.com their site search was down.