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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: dj8000 who wrote (5062)9/26/1998 12:54:00 AM
From: Paul Senior  Read Replies (2) | Respond to of 78490
 
dj8000: Yes, still looking at VTS.
I bought a very small amount of IO which I found after checking into your mention of VTS on another thread. IO is reporting lower earnings, but they have a new product which potentially could add to earnings stream; they are selling at year low, low pe, and below book value.

CIEN which you value at 20 would have to have a 4x psr and sell for 4.1/2 x bv based on current Yahoo numbers. That seems very expensive to me, especially in this market. Paul Senior