Jack,
Soundview issued a list of best-positioned technology companies based on 2001/2003 growth rate. CIEN is on top of the list.
Major parameters are as follows:
--price target: $24
--upside to price target: 138%
--CY2002E revenue: 1,123 MM
--CY2003E revenue: 3,076 MM
--growth rate(2002/2003): 174%
--normalized P/E (2002E): 21.2x
(mkt cap/'02E taxed op profit)
--normalized P/E (2003E): 7.7x
(mkt cap/'03E taxed op profit)
Other companies on list in order of decreasing growth rate:
VTSS, BRCD, FNSR, AMCC, KLAC, NVLS, ASTSF, AMAT, ALTR, RFMD, BEAS, EBAY, BRKS, CSCO, TSM, VRSN, TXN, VRTS, PSFT,
ORCL, NOK, EDS, PCS, SAP, MSFT, IBM
You can retrieve details for all the companies from Soundview's website.
Ibexx |
