Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: JSB who wrote (3256)	2/26/1999 12:21:00 PM
From: Dale Baker	Read Replies (1) \| Respond to of 118717

It's like magicians' secrets; if they let the cat out of the bag, the suckers (i.e. retail long investors) wouldn't keep showing up to sell stock to. But this I can't figure out...PC sales are not off dramatically...MXTR is still the solid #4 in the field with plenty of business...the recent secondary diluted the shares a bit but not this much...they will still rake in plenty of cash from operations and the secondary helped to retire the debt. For this they get slammed? Sign me Baffled In Bosnia

To: JSB who wrote (3256)	2/26/1999 2:09:00 PM
From: Dale Baker	Respond to of 118717

They say the time to buy is when blood is running in the streets. We are currently in goo up to our armpits, so I added to my MXTR, PROG and SE holdings today and jumped into FRNT on top of that. Why? (I can hear all the snickering out there) Here are some simple figures, projected FY99/FY00 earnings for some of my stocks. Do the math, calculate the growth rate and project a fair price based on PEG. FNDTF .85/1.13 SE 1.59/2.02 WIZTF 1.03/1.42 CMIV .54/NA MXTR .99/NA CPU .59/.88 FLYR .71/.99 PROG .62/.86 FRNT 1.12/1.35 The average of these current stock prices and PE's is a 12 3/4 stock with a trailing PE of 14. Throw in average growth around 30% and you should have a compelling value picture. If only I could get Mr. Market to figure this out the way I did.