TranSwitch Corp: Will they get Zenith Business? Message Board

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Technology Stocks : TranSwitch Corp: Will they get Zenith Business?

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To: Thor who wrote (449)	10/22/1999 2:24:00 PM
From: redbird	Read Replies (2) of 669

TXCC ran from $30 to $64 this year. When the market pulled back, it rightfully took a strong hit. I have bought more at around $44 and consider it a gift. Earnings are in line, 5 new products to be announced to add to their 15, and their market is growing. Every analyst I look at has TXCC at Buy or Strong Buy with a target price of $64 to $80. I have a friend who is an engineer for one of the large telecom Co's. He says they are buying more of the equipment that is made with TXCC's chips. I have also heard guesses that TXCC could be bought out by an equipment maker like Cisco. Any way, I believe the fall was predictable. The continued growth of TXCC is also predictable. Good luck Redbird

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