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Technology Stocks : Platinum Technology

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To: Kevin who wrote (1930)	7/2/1997 2:47:00 PM
From: Roader	of 4148

I am impressed by the creative effort to keep this thread alive. However let me try and get back to the basics as to what will make phlat unphlat. I propose that NASA's success will not be the catalyst. However try this on for size. First call '97 P/E is a whopping 28.6x while '98 is a mere 13.6x. Earnings are suppose to grow an enormous 110% from '97 to '98. Clearly the market hasn't bought the story. Well will they buy and will we get rich. Sure they will. For the June quarter PLAT is projected to deliver .04. If they can beat this number by 30 to 50% I think we will see PLAT in the $16 to $18 range. At $16 it will be trading at 16.8x '98 (approx where it should be). Keep in mind in June of '96 PHLAT lost .10. On the phlip side, if PLAT only hits the number or misses it by a penny the market will assume PLAT is making its turnaround and will not penalize the stock for it is already at a conservative multiple Roader Roader

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