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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (14749)	9/15/1998 12:33:00 PM
From: Jenna	Respond to of 120523

LU..although I've always loved this stock and owned it forever carrying it over from AG Edwards to Hambrecht, to Lombards and finally sold it after the very first rally we had two weeks ago. I'm thinking it is overvalued. 59 times cash flow and 23 times book value. You are already paying for their earnings in the next few years. For a position trade/bounce back, yes I like it but for anything like a short term/intermediate hold I don't find it as attractive as I do COMS or WCOM, or EMC. But this is nothing more than an opinion..