Posted: Wednesday Nov 2 12:20:15PM 2005
I think their growth prospects are quite uncertain unless you know something that you would like to share. The techincals are very ugly and I think this one could drop much more unless the company provides an upbeat outlook. I think this one does not deserve more than a 10-12 p/e which is the historical range for defecne companies. If the plate orders drop even more then all bets are off and we could be back down to 5 dollars.
Posted: Wednesday Nov 2 12:06:43PM 2005
I recently picked up CEP around 15.50$ i think this thing is a steal forward P/E of 10 growing at 20% a year.