I show a PE for ATML of 14.98 on EPS of .40
Of course the source could be way behind, and who knows about future earnings.....but I still think atml is valued nice down here at these levels....JMO......time will tell....may take longer then we think, maybe not, nobody knows for sure....just buying the co's I like at prices I think are decent and trying to average my way down by buying smaller lots so I can buy more if price drops more.....with stocks like ntap, fdry, atml, jdsu and etc, which I started buying at $10 or less, I have been buying slowly on the way down, and will continue down to $2 if we go that low.....at that point, if those quality companies are at $2, I will be content to sit and wait it out.......but hell, at $2, I would hope I dont have to worry about too much dowside<ggg>.....extr will be bought if it hits $4, then more at $2........at that point, my buying will be complete if we hit those levels, and I'll crawl into my hole and hope when I come out in 10 years, I have decent $$'s and not a bunch of worthless stock certs.....
Keith |
