Actel [ACTL] Message Board

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Technology Stocks : Actel [ACTL]

ACTL 0.0001000

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Nov 14 9:30 AM EST

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To: Stephen M. Neal who wrote (32)	1/23/1996 11:11:00 PM
From: Joseph wang	of 674

Please read my previous message (#33). Also, I believe ACTL has a good chance at $16 based on growth in sales and revenue. If you look at XLNX and ALTR, both are trading in a PE between 32-39. A PE of 35 for ACTL (which is reasonable for the FPGA group right now), will put the stock at $16 1/8. But since resistance is somewhere between 15 5/8 - 16 3/8, I estimate that 15 5/8 is a probably a good place to take some profits. -JW

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