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Technology Stocks : SWKS - Skyworks Solutions, Inc (was AHAA)
SWKS 68.85-0.3%Nov 11 3:59 PM EST

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To: Czechsinthemail who wrote (1339)7/11/2002 1:23:03 PM
From: All Mtn Ski  Read Replies (2) of 1698
 
Anyone want to check my math on this one? EPS projection based on the Analyst Meeting:

Dave said they are targeting a $1 billion annual rev company, probably reached in 2-3 years or so. He also stated they wanted 15% or better operating margins, so 15% of $1 billion is $150 mill in net profits.

So on 138.3 million shares, that is an Annual EPS figure of $1.09.

So in 2-3 years this company may be earning over $1 a share and the Street is pricing this at $3 and change?

I think the Street is blind, CNXT shareholders are confused and selling, the market sucks and the shorts are piling on, creating one hell of a buying opp for patient investors who can see out 12 months or more.

I will be adding more near $3.

A-M-S
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