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Technology Stocks : Vari-L (VARL)

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To: Robert Sheldon who wrote (1415)11/22/1999 9:34:00 PM
From: JBruin  Read Replies (2) of 2702
 
Thanks Robert,

"VARL has capacity in several areas they could fill out with orders from MOT..."

The Street probably knows about the capacity but the $64,000 question (or 1 mil. based on which show) is how long it will take to go from 10% to 100% utilization. Fundamentals probably aren't affecting the stock as much as a PE expansion to meet its peers. If the fundamentals take off also, we could be very happy.

Would I be too "aggressive" to say VARL should be at 30 within 12 months ($1 eps with a 30 PE)?
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