The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Lin who wrote (23026)	6/26/1999 6:09:00 AM
From: Greg Jung	Read Replies (1) of 29386

That looks like a reasonable rationalization - you guys should be stock analysts, your coming in with some real good numbers. (bg) As reasonable as anything else I've seen. -g-. I also like the fact that, because market capo got to be 500M, it is supposed to reach now 750M soon. Why not, its only stock price. Based on a loss of .10 for that quarter, Gruntal keeps price target of $70 on MU based on lowered 2001 estimates with a multiple of 48.3. The previous target was based on a multiple of 33 on higher estimates. Dividing by 0.05 would be another good trick you can show them.

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