OK already!!! Enough "buying opportunities" at $29.
If EGLS had the sector standard Y2K P/E of 30+
this stock would be at $60 +.
I realize the NASDAQ and the semi-equip sector got hit bad today, and EGLS didn't , but hey, we were up to almost $33
earlier, and based on the upgrade, and the upward earnings
estimate revision, there was certainly good reason to stay there.
There sure is a huge difference in the sector on valuations.
Even some of the companies that have strong finances,
great earnings, great earnings growth get half the forward
P/E. The truly great values IMHO are , EGLS, COHU, KLIC.
Perhaps they have not had time to catch up to their proper
valuation yet, and the current weak market has hampered
the effort.
Regards, Eric. |
