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Technology Stocks : copper mountain CMTN

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To: Gopher Broke who wrote (466)4/14/2000 11:08:00 PM
From: P314159d  Read Replies (2) of 1226
 
Picture this on CNBC Squawk Box, April 2001:

CMTN about to report the latest earnings where analysts expect the first 100m in revenues in corporate history!
Projections for this RED-HOT grower in the DSL biz are to be some 500m in this year and some 750m next year! Earnings are set for some 30 cents in the quarter and with projections running at 1.75 to 2.00 for the year, one asks... with a bear market such as this are there such growth companies that deserve such a high multiple?

Ohmgwaddah Kikbuddah, analyst at Gruntmyanal and Ass. says,"
CMTN deserves a 100 multiple on next year's earnings because they should meet the growth prospects given the 100+ growth they are seeing. What do want me to buy? Cisco? at 52 it is a relative bargain at some 100 times earnings, but it is a behemoth and has gone some 50% in the last month or so, but it is trash by comparison. Sheesh, the next thing you'll say is to buy the trash Mr Softee!!!!

See-- I dream a wonderful dream.
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