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Technology Stocks : Tandem's Prospects

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To: V Lakshman who wrote (37)4/23/1997 11:48:00 AM
From: RFF   of 99
 
Don't know if you've seen the recent article on Tandem revenues:

biz.yahoo.com

It says that revenues were reduced 2.9% because of currency issues. Without the currency impact they would have been $481MM vs. $470MM for the previous year.

The company said sales of its Himalaya and NT systems will be strong going forward. Combined with the improving control of expenses, this should lead to expanding margins and growing profits for TDM. The future looks very bright.

My target price for year end is $18. I believe it will earn more than $1.00/sh, beating the current $.95 estimate. Just my opinion.

Bob
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