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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (4942)10/4/2002 2:54:18 PM
From: Logain Ablar  Read Replies (1) of 57110
 
JXM:

Agree on the chart, sector (software, tech) but fundamentaly the company has a solid balance sheet of $4 / share cash.

So in a flush I'd say $8 is low target but if market bounces this level doesn't look bad (its 4th qtr is typically the strongest).

Hey I was saying something similar abot elx @ 14 too just a few days ago and look where it is today (of course elx only has around $3.5 after debt)
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