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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 47.61+8.1%12:46 PM EST

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To: Yiren Huang who wrote (9779)9/17/1997 12:31:00 AM
From: Sonki   of 27012
 
asnd: lets not add yet. On asnd thread i got target of $55 twelve mo.

it should base for a while. one day up does not change the trend. ( could be wrong) ...

fundamentally asnd which was belive to grow at 45% will now be growing at 33% this year and then ~ 20% - 25% after that..

so asnd's right pe thould be some wehre between these price.

with the new estimate, asnd pe is slightly on high side which means
could go lower.

THIS IS JUST MY OPINION...so if it starts rally to 40 tomorrow, don't
blame me.

Just look back to prev. example of when intel dropped and how it based for a while. Though there are lots of good news on ASND NEWS thread.

By the way, i may never get back into ASND only becasue i am trying to move some money to bonds or mutual fund since i can not afford the time it takes to watch all the news on all these stocks.

I am not a networking expert, so I don't know the differnece between
asnd and csco's perticular prodcut which CSCO will be reducing the price on . this affects asnd. this prodcut is only 3% of csco revenue but 50% of asnd revenue. (this is yet another thing I read and don't understand, if it is true).

i have not followed snps. i rode CDN fro 31 to 49 in few weeks couple of months ago. i also rode wdc from 28.5 to approx 40ish.
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