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Technology Stocks : ISSI a great opportunity

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To: Czechsinthemail who wrote (1027)10/18/2000 12:24:18 PM
From: Ram Seetharaman  Read Replies (1) of 1058
 
IMHO, SG Cowen's analysis of ISSI is fair. ISSI is worth at least $ 25 - but it may take several weeks for an upturn since the market is "quite sick" right now. ISSI's forward P/E of ~ 6 bodes quite well, once the institutions start buying! I hope they deliver good earnings - semis have been pushed down too much by certain analysts so that they can buy them on them on the cheap later - that's all!
Wait till the middle of Nov. -ISSI, MU etc. will move up well! Right now, the bears are winning out!
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