Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (118725)	12/11/2000 3:41:52 PM
From: Dave Gore	Read Replies (1) of 120523

JNIC worth considering soon. Look at this silly target adjustment. Hey if you believe $100, then the stock should be flying....UP. Pretty decent valuation now. EPS consensus next year 86 cents, this year 55 cents. Geese....missed by 1-2 cents and down 40+% today. What happened to Friday when you could say anything and NOT get punished. Crazy market, isn't it? *** 14:53 ET JNI Corp (JNIC) 38 3/8 -24 5/8 (-39.1%): -- Update -- Salomon Smith Barney lowering its Q4 revenue forecast to $32.5 mln from $34.8 mln; firm's FY00 view goes to $105 mln from $107 mln, while FY01 is reduced to $163 mln from $174 mln. Salomon believes JNIC's visibility has been reduced, and as a result is lowering its price target to $100 from $120.

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