Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Rich1 who wrote (1801)	10/26/2001 3:51:11 PM
From: steve	Read Replies (1) of 99280

MSCC is a great short. I think the double top is more significant than higher lows. This is the concluding bearish comment from Barron's when the stock was at 35: "But let's grant Microsemi heady growth in defense orders -- even very heady growth. One can't help but wonder whether the present multiple on the stock -- something like 58 times trailing 12-month earnings and over 40 times the bulls' estimates for the year ending September 2002 -- doesn't discount everything but World War III. And maybe even that."

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