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Technology Stocks : Vari-L (VARL)
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To: JBruin who wrote (1416)11/22/1999 10:22:00 PM
From: akmike  Read Replies (1) of 2702
 
JBruin-Vari-L can add capacity very quickly. It is for this reason that $30 in 12 months is attainable. IMO it is easier to forecast the surging earnings than to anticipate the multiple that will be accorded them. The thing to keep in mind here is that earnings could grow at a high rate for quite a long time. We are starting from a small base in earnings but have a very large base of customer relationships who are enjoying exploding demand. (and the technology seems to be channeling that demand toward VARL)

Best regards,

Mike
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