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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?


To: blankmind who wrote (2334)3/4/1999 1:45:00 AM
From: Bill Lotozo  Read Replies (1) | Respond to of 30916
 
Blank,

I wasn't trying to convince you that strx was a better investment than idtc. What I was getting at was good growth figures are expected to justify the current price of a growth stock like this and will not automatically result in a increase in share price.

Remember that strx has bought up PT-1 and is now a billion dollar company. Also remember that once a company starts to turn a profit, the rules change. Revenue growth alone is not enough but continued growth in profitability is also expected. When looking at this, strx has had 14 consecutive of revenue growth, their gross margins are improving, net income is up 106% and they are now a billion dollar company. Yet the stock slides in price.