Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 165.54

+3.9%

10:01 AM EST

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To: Robert Douglas who wrote (10595)	8/14/2002 12:01:24 PM
From: Cary Salsberg	Read Replies (1) of 10921

RE: "...with a one year price target of $40 per share based on about 8.6 times book value of $4.67 per share." Where did this come from? A target of $25, equal to a PE of ~40 on an EPS of $0.65 for FY03 might make sense early in a recovery cycle.

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