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Technology Stocks : HS - CHS Electronics -- Ignore unavailable to you. Want to Upgrade?

To: goinbrk who wrote (877)	11/3/1998 9:38:00 PM
From: Ron Kline	Respond to of 1494

There is no guarantee what a stock will do in a given period of time. You not only need good earnings but you need investor fear of HS to change for it to make a good gain to $30. You also have overhead resistance from prior buyers at higher prices. I think a conservative estimate is around $20 for the stock in the next six months. After that it really will depend on world markets and if HS can continue to meet or beat the street. Right now is easy money to be made because the company is worth way more than $10 where it was trading last week when I bought. I believe that the stock will hold and would not worry about it going to $10 again. As far as when to sell it's a call on how long you want to wait and what you think is a good return. Ron

To: goinbrk who wrote (877)	11/4/1998 9:30:00 AM
From: Gregory Cole Brock	Read Replies (1) \| Respond to of 1494

goinbrk, Vector Vest thinks they have a formula that works. They had a sell when the stock was at 6, now its a buy at 15, so go figure. Just type in HS at the prompt. vectorvest.com They used to have a value for HS around 39. Its now about 25. I think it came down due to valuations in the small to mid cap coming down. BTW, IM has the same EPS and they are at 45. They have about the same gwth rate. An interesting note that few are aware is that HS's estimates have been RAISED several times this year. When most companies were lowered. And they still met estimates. Earnings estimates do not consider new acquisitions and although they have reduced the acquisition gwth rate they are still planning to make some in 99. You can almost be guaranteed that by the end of 99 EPS will be higher than the estimate of 2.06 by a significant amount.