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Technology Stocks : audiocodes ltd. (AUDC)
AUDC 9.240-4.3%3:59 PM EST

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To: trilobyte who wrote (87)1/9/2001 3:33:14 PM
From: Arik T.G.  Read Replies (1) of 229
 
Bot more today ATO @ 9 1/2 and got whacked to 8 1/2 (!) before the rebound.
This stock now trades around X7 2001 projected earnings, and if they lower their guidance from to 30-40% growth then it will be X9-X10 2001 earnings. Very low for a leader in an explosive market.
AUDC traded @ 45 when they gave the surprising Q3 report. All the analysts gave strong buy recommendations with targets over $70. Nothing changed for AUDC from that point in time but the market of companies in the neighborhood became soft.
IMO $22 before this Q is over, and if no warning back to $40.

ATG
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