No. of Recommendations: 2
Maybe a stock price drop is valid? I have always used the PEG ratio heavily. During the mid-1990's, one stock appeared to have an ideal PEG: CHS Electronics. Some of you might be familiar with the stock, and it dropped with news that did not appear to follow corporate projections. "Drop" is an understatment: the price is 1 cent now. I dollar cost averaged down heavily because the stock appeared to have great fundamentals. I have owned other stock that fell apart and never recovered. I only hope that I am not facing such an experience today!! Many fruitful lessons can be derived from my CHS Electronics experience. One is to "believe" what the market is telling; and recognize that something is indeed probably wrong with a stock when it drops very heavily. I wanted to post this for another reason, as well! I forgot all about CHS electronics until I saw this discussion board. In addition to any added very needed sympathy replies (I may be ignoring my own advice today??), I wonder if any here owned CHS Electronics as well? I called the Investor Information # of this firm a number of times and care very much about their, much meant, highly helpful advice. The stock was quite an experience, though.
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