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Technology Stocks : Benchmarq Micro(BMRQ)

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To: Brad Bryker who wrote (283)1/27/1998
From: Rex Dwyer  Read Replies (2) of 313
 
If the NV business does not grow at all, and the battery management business (BMP) grows at 40%, we would still have a 21% grower.

The BMP business in 1997 was $23M. The total revenues were $44 M. The BMP business is growing at about 40%. So, if the rest of the business is flat, BMRQ is a 21% grower for 1998 and a 24% grower in 1999.

My feeling is, however, that the smart battery will have a step increase in demand when it "catches on" in the next year, especially when the cell phone designs ramp up. So, I will hold my 16 P/E stock until then.

Rex

BMRQ @ $14, P/E = 16
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