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Technology Stocks : Semtech (Nasdaq:SMTC)
SMTC 77.79+7.8%Jan 9 9:30 AM EST

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To: Leeza Rodriguez who wrote (992)1/15/2000 11:16:00 AM
From: Kelvin Taylor  Read Replies (1) of 1225
 
"I ain't selling nuthin. I'll be content to drive the ole '93 Volvo till she keels over."

You got that right Leeza. Still driving my '90 Volvo. My shares worth more than a new car.

Wow, +11! When is the last time that happen? INTC help all the semis of course. Earning due out next month.

Let's take a look at where we stand:

Forecasted EPS for current year: $0.80 vs $0.13, 100% increase YOY
@ $66 PE= 81

Forecasted EPS for next year: $1.26 vs 0.81, 56% increase YOY
@ $66 PE = 51

At the current PE of $81 and forecasted '01 EPS of 1.26, SMTC could trade @ $80 and have a PE of 63, 22% lower than the current PE.

Oh, did I mentioned SDLI, PE 304, VTSS, PE 119 and LSI, PE 127 are "somewhat" overvalued?

SMTC is a excellent buy, IMO.

Kelvin
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