Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 314.52

-0.6%

Dec 11 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Return to Sender who wrote (3595)	6/21/2002 11:50:42 PM
From: The Ox	of 95574

Hi RTS, I have used my price/nav as a replacement for the traditional price to book, since I believe that the book value usually inflates the true reflection of the companies value under fire sale, breakup or merger conditions. Here are the revised price/nav for the wireless companies I have posted about previously (Note: I am using the same prices from the post you referenced to calculate these figures and the same NAV calculation from my May 21 tabulation. I will revise this table after July earnings are released): symb price/nav exar 1.71 rfmd 3.25 tqnt 0.97 anad 1.29 ahaa 0.95 gspn 1.38 cnxt 3.07 cltk 0.92 nav = net asset value (removes goodwill, reduces invt + a/r, and other "questionable" assets) The above numbers should be used as a starting point, not an end-all be-all valuation. Anything below 1 is pointing out that there is (most likely) a serious discount being placed on the company by the market and it should be considered for a "value" long position. (Note that GSPN came out this week and stated that revenue expectations have been cut in half for the current quarter. Obviously, GSPN's inability to properly forecast the current quarter is disgraceful and is a major factor in why the market is pounding this company's stock.)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next