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Technology Stocks : Aavid Thermal Technologies (AATT)

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To: amadeo isart who wrote (49)10/3/1996 2:42:00 PM
From: DJ Levy   of 185
 
Not sure about reasons for recent rebound to $9 level.
Mean street estimates however are:

1996 39cents
1997 82cents

If you take an average of this year and next's forcast and apply a
20 p/e you come up with a $12 price target.
It appears to be able to trade in the $8-$12 range

DJL
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