Xicor ? Message Board - Msg: 12222205

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Technology Stocks : Xicor ?

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To: steve olivier who wrote (2702)	12/8/1999 10:49:00 AM
From: jeffbas	Read Replies (1) of 2920

Steve, Soundview is extremely clever. As we "know", those estimates are way too low, IF they writedown the fab, which they led us to believe they would in the latest 10Q. That gives them room to raise them if/when they announce a writedown. I love their target on the current estimates -- guess what happens when they raise them. This is much better than their CCUR "buy", and it is totally out of the blue - can NEED/TUCK be far behind? However, it does look a bit like a catapult over the 1996 high of 14 1/8 and a blowoff. We might have a pullback of half the distance from the major breakout point of 9. But I don't see any way now this stock does not end up in the 20's.

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