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Technology Stocks : Gilat satellite networks (GILTF)
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To: Lenny Ehn who wrote (116)9/26/1997 10:22:00 AM
From: SpecialK   of 350
 
Jay,

I think 45-50 would be a 3 month target for me. I think the 98estimates are conservative at 1.89, this will allow them to beat estimates IMO.

I was considering buying at the 32 level, volume was looking higher than normal for the past few weeks. I think we have resistance around 37-38, until earnings we will probably settle in this range and maybe just prior to earnings, if we hit new highs, then we will continue higher with the positive earnings.

Ketan

I'm wishing for 34 again soon for an entry point.
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