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Technology Stocks : Gilat satellite networks (GILTF)
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To: Howard C. who wrote (301)5/1/2001 5:24:05 PM
From: Robert T. Quasius   of 350
 
Gilat management gave earnings guidance of $1.00 for FY2001 and $2.00 for FY2002.

At today's close of $15.50 this gives a current year P/E of 15.5, and a forward P/E of 7.75. The PEG is well below 1.0 and for a quality company like Gilat this is dirt cheap.

I see $20 in the next few weeks, then $30 by year end. Glad I took advantage of the recent dip below $10 to double my position!
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