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Non-Tech : Eagle Hardware (EAGL) The Next Home Depo
EAGL 1.550-1.3%Jan 21 4:00 PM EST

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To: Joel Oseran who wrote (147)9/1/1997 7:12:00 PM
From: posthumousone   of 389
 
hi

just browsing thru your threads...........

<<What I cant fathom is Salomon Bros. looking for $30 a share!>>
i jstu recieved there full report on friday..including there revised target of 30................

They were actually quite good about identifying
a set of 5 significant milestones that need to be met before
the $30 target makes sense.

Boot the OS by end of August---DONE

Demonstrate 2-processor system by end of September

Deliver 2 or 4-processor system to UCSD by end of October

Demonstrate a particular application running by the
end of November

Sell another machine by the end of the year.

Given these, Jones thought $30 made a good 18-month price target.

im confident item 2 and 3 will be met.....hopefully sooner than expected...

of course if their not met...welllll....ouch

gg
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