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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: islug who wrote (4763)4/1/2002 12:25:52 PM
From: Dave Gore  Read Replies (1) of 16631
 
Islug, I love ESST and ICST. ICST confirmed growth of 28-31% and their consensus earnings is .86 EPS by June of next year.

It's PEG is also near 1.00 going forward. Outstanding for a tech stock. These stocks will get noticed by value investors, they always do, but sometimes it takes patience and a reassurance that the Market will not tank. Lots of this uncetainty will begin to get answered starting next week. Even this week if negative pre-announcements don't happen to any large extent.

RECENT NEWS

VALLEY FORGE, Pa., Feb 13, 2002 (BUSINESS WIRE) -- Integrated Circuit Systems, Inc. (NASDAQ: ICST chart, msgs) today announced that it reiterates its revenue and earnings guidance for the fiscal quarter ending March 30, 2002.

Integrated Circuit Systems expressed confidence that it is on track to meet stated targets of 28% to 33% revenue growth with the consolidation of their January acquisition of Micro Networks, and a consolidated earnings per share of $0.16.
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