Pc-Tel (PCTI) Message Board

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Technology Stocks : Pc-Tel (PCTI)

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To: md1derful who wrote (2)	11/9/1999 10:13:00 PM
From: Feraldo	Read Replies (1) of 24

I'm not exactly sure myself. As far as I can tell they make modems and such networking products. They have several software technologies that greatly enhance these modems and I think that is why the products are selling. Well where do I see it going? Several months from now, say mid next year it is hard to tell. If I had to set a price target for somewhere between now and then it would be 60 dollars based on earnings of 60 cents a share which I could see happening. That's a PE of a hundred which is where most networking IPO's seem to like to head for. They seem to be moving upwards in a hurry now. Earnings must be coming out soon.

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