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Technology Stocks : Azenta
AZTA 29.31-4.1%2:02 PM EST

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To: mopgcw who wrote (896)9/12/2007 11:01:35 PM
From: EACarl  Read Replies (1) of 1138
 
RE "12-month price target of $7.......based on an 18X multiple"

GS is living in fantasyland - or wanting really cheap shares.
There comes a point when a stock doesn't get valued on P/E.
BRKS (even after the large buyback) has about $4 in net cash per share. So GS's $7 price tag means that BRKS (the companys operations) is worth $3 per share. That's about a price to sales ratio of .25. Never seen a profitable semi-equip stock with a rock solid balance sheet sell that cheap
unless the sector was in absolute collapse like OCT 98 or OCT 02, and fundamentals are much more smoothed out these days.
Well, I suppose if BRKS gets to $7, I'll be banking on an easy double or triple from there. ;-) except I will not be waiting that long to pull the trigger.

Welcome other constructive opinions.........
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