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Technology Stocks : Qiao Xing Universal Tele Inc.

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To: Lucky888 who wrote (33)12/28/1999 11:41:00 PM
From: Louis Riley  Read Replies (2) of 203
 
Only $672MM Market Cap

At $70.

$48MM in sales in 1998.

That's a market cap of a mere 14X 1998 revenues.

The going rate for hot techs these days is 50X 2000 revenues.

Also, at $70 stock was only selling for 100X last years eps.

Cheap in this market folks.

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