SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MTIC - Is this the next EMC?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GuinnessGuy who wrote (3687)5/24/2000 12:31:00 PM
From: Dan Hamilton  Read Replies (1) of 3748
 
I had just started to look at MTIC in the last few weeks, and now the bottom falls out of share price. My sympathies to all those in at higher levels.

I am not as knowledgeable as those on this board with respect to MTIC and its markets, but I would expect mass storage/SAN's to grow nicely in the coming years. I'm looking at this as a point of entry and crunching a few numbers...

- Trading at approximately 1 times sales
- P/E of approximately 19 for FY2000
- Earnings estimates according to Multex are 74 cents for next year. That would make a forward P/E of about 10.

Is it realistic to think MTIC can hit their 2001 numbers? It would be nearly 100% earnings growth from FY2000.

Any comments welcome...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext