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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?


To: Ken Twining who wrote (3500)11/11/1998 7:42:00 PM
From: LLCoolG  Respond to of 4509
 
Ken,

SMOD ran from 36 to 25 to 14 between February and April. It hit 26 this past week, but pulled back today. SMOD will be back in play now with the INTC/RMBS things coming up shortly, but SMOD never rwahced the valuation heights of PSFT. SMOD had growth rates of 80%, but the PE pretty much stayed at 45 and below. It is now around 25. But they totally pissed off the Street just like PSFT just did.

Pardon my crass language there.

Regards,

G