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Technology Stocks : MERQ - Mercury Interactive

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To: techanalyst1 who wrote (490)3/24/2002 10:11:07 AM
From: MGV  Read Replies (1) of 512
 
Its a good company but it looks expensive here. I'm willing to pay for the assumption of upside to '02 and '03 estimates but, if you assume they can do 0.70-0.75 this year and around a buck next year you are still paying about 35-40x for a company that has behaved (as all tech has) like a cyclical. What do you think? How likely is it to get to low 30s?
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