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Technology Stocks : STOCK MARKET RANDOM MUSINGS NEWSLETTER LIST

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To: ShenValleyBill who wrote (13)11/11/1999 10:45:00 PM
From: DAVID BANISTER  Read Replies (2) of 41
 
Mgic strong on back of institutional support after last weeks 5 day road show by MGIC execs. I figured they would do their due diligence after listening to MGIC execs, then buy shares this week, that is exactly what has happened. The stock also pushed up today along with another Linux play which is UNFY, also up strong today to new highs. MGIC has a long way to go on the upside, my year end $40 target could prove conservative... I'm seeing about $1.40 in EPS for this year, at 40 times, thats $56 per share... dont be shocked if we see $56 by end of january, early February prior to 4th quarter earnings release. I cant really comment on all your picks, only so
many hours in the day... I have run into CMTO, I think you may be on to something there...
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