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Technology Stocks : Logic Devices
LOGC 7.9000.0%Jan 14 3:59 PM EST

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To: Winner Victorious who wrote (19)12/19/1995 12:17:00 PM
From: bob grossmann   of 141
 
wELL, TODAY logc Announced a major supplier contract with a Dresden-based
foundry. This is very big news! Stock is up 15% so far, but it
hasn't hit the Dow news service.

Company currently earns about $500 K quarterly on $4.5-$5 mill
in revs per quarter. By the June quarter I believe LOGC will be
earning at the quarterly rate of $2 mil on quarterly revs of over
$12 mil.

I am estimating $1.50 in EPS for 1996 derived as follows:

DSP revenues $24 mil.
SRAM revs 26

Total revs $50
cost of goods (25)
marketing ( 4)
res & dev ( 4)
overhead ( 3)

Pre tax $14

taxes ( 5)

Net income $ 9 mil.

shares 6 mill

EPS $1.50
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