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Technology Stocks : Gilat satellite networks (GILTF)

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To: Jim O'Brien who wrote (111)9/26/1997 9:39:00 AM
From: Lenny Ehn   of 350
 
Jim (Off topic)

Re TTILF, could not find much info. SI has a thread which was helpful, and Yahoo had info on estimated earnings, altho only two analysts follow the stock if I remember correctly.

The stock is selling for about 20 times FY98 est. earnings, which is not bad compared to many other rapidly growing techstocks. The chart looked very positive, as price has been rising rapidly recently. I bought 2000 shares as a speculation, although I'm not wildly enthusiastic -- would've liked a bit more information. However, I've been successful with early entries into some other micro-cap stocks.

Good investing,

Len
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