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Technology Stocks : Teklogix International Inc. TSE:TKX -- Ignore unavailable to you. Want to Upgrade?

To: Geoffrey who wrote (76)	11/10/1998 8:37:00 PM
From: Sans Souci	Respond to of 274

Hello everyone. Just took an initial position in TKX. An analyst acquaintance suggested this one to me, and feels that $20/sh is easily reachable, perhaps within 6 months. I tend to agree. The trend of the last few quarters has been nothing short of remarkable. If we can keep up at $0.28/quarter, then very roughly 4 x 0.28 = 1.12/yr --> assign a conservative P/E of 15x, and you get $16.80/sh --> at P/E of 20x (not unreasonable here), and you get $22.40/sh. Recent price action (ie., strong rise on both Monday and Tuesday against a down market) suggests some very determined buying is taking place. S/S