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Technology Stocks : Gilat satellite networks (GILTF)
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To: jay silberman who wrote (114)9/26/1997 9:43:00 AM
From: Lenny Ehn   of 350
 
Jay and all,

I have a note scribbled on my records from some time in the past that Lehman's price target was 45.

Does anyone have any info on their current price target?

Last time I checked, FY98 est eps were (First Call) $1.89. At a conservative PE of 20, a price of 38 is indicated. At a more optimistic PE of 25 or 30.........

Len
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