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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: Diamond Jim who wrote (5627)4/17/1999 2:45:00 PM
From: ckern   of 17183
 
OT - Saved a clipping from IBD 3-16-99. IBD had scanned its database to find profitable firms that are expected to show significant annual earnings gains. RFMD was at the top of the list. According to Tom Sepenzis of U.S. Bancorp Piper Jaffray, he is forcasting that RFMD will have earnings this year at .97 cents a share, 1.53 in fiscal 2000 and 2.14 in fiscal 2001. This should significantly lower its PE from the 300+ level. That's why I was running it through - I don't currently own the stock, just starting to do some DD. Article written by Leo Fasciocco.

Charley
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