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Technology Stocks : Vari-L (VARL)
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To: JakeStraw who wrote (1014)7/8/1999 1:17:00 PM
From: Robert Sheldon  Read Replies (2) of 2702
 
*which should send it to $12+.*

Forget the coverage, this company has all its cylinders firing. The earnings will speak volumes. We no longer need catalysts for this company . . . the rush of revenues will move the sock much higher than the $12 you mention . . . the company first will be re-valued so that its metrics will fall in line with the rest of the industry . . . then money managers will begin to factor in growth rates (base station, consumer VCOs, Mil/Aero, Opteoelectric, and other components) . . . if the stock can turn in 30% plus growth for 1999, all this points to a valuation in the $30 range.

I'm a pretty conservative fellow . . . we may see the stock price much higher 12 months out. For a similar story line take a look at the history of RFMD . . .
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