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Non-Tech : PSUN A new breakout at $30+! -- Ignore unavailable to you. Want to Upgrade?


To: E. Graphs who wrote (669)11/25/1998 7:54:00 AM
From: kendall harmon  Read Replies (2) | Respond to of 1622
 
This is a ridiculous overreaction. Let us say the analyst at Bt Alex Brown is right. From this website (http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=psun&script=1600&layout=7) you can see that consensus First Call estimates were 1.13 until yesterday, when he moved his down to 1.11. Last year's earnings were .80, so this would be a year over year earnings growth rate of 38.75%. If we use the current price of 16 1/2, the stock is trading at a P/E of just under 15 for next year's earnings, less than half of its growth rate and under the market average.

www.viwes.com also has the short information, showing 1.1 million shares sold short and a dramatic increase in the number of shares short in October.

Look for a bounce today.



To: E. Graphs who wrote (669)11/28/1998 3:08:00 PM
From: E. Graphs  Respond to of 1622
 
PSUN is a component of the SmallCap 600

Retail (Specialty-Apparel)        452
ANN AnnTaylor Stores Corp.
CACOA Cato Corp'A'
GDYS Goody's Family Clothing
GYMB Gymboree Corp.
SUIT Men's Wearhouse Inc.
PSUN Pacific Sunwear of California


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