Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Smart_Money who wrote (51485)	4/15/2002 9:50:26 PM
From: Zeev Hed	Read Replies (1) of 99280

Smart, NVLS was selling at "only" $50 last year (with annualized earnings of $2/share), because the BTB in the industry had already peaked a year before that, everyone knew that they may have a losing quarter (like the current one) in the next year. Now, however, they are forecasting their booking to explode (not yet to the hey days levels) in the next quarter and people are looking forward to even better earnings next year (they have not heard yet of the "double dip"). The writer you cite, however, is definitely guilty of looking only in the rearview mirror. Zeev

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