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Technology Stocks : PLX Technology, Inc. (PLXT)
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To: Rspeedball who wrote (133)11/2/1999 4:38:00 PM
From: Asymmetric  Read Replies (2) of 184
 
Is This Thing a Buy Yet? PLXT Down to $14 Today.

Stock keeps drifting lower. With lock-up ended
guess the early birds who got in at 0.15 and 0.50
(from Yahoo/Insider) can cash out at this price
and still make plenty of moolah and buy a few
holiday presents.

At $14, PLXT now has market cap of $310 million
and selling at about forward PE of 30 with 40%
growth rate projected for next year and a couple
of years after too.

Only 13% held by institutions so not much of a
following,....yet.

Anybody buying in here at this price????

Any response appreciated.

Peter.
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