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Technology Stocks : GALT - Galileo Technology

GALT 2.965

-9.3%

Feb 4 3:59 PM EST

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To: Marc Trombella who wrote (27)	4/4/1998 3:47:00 PM
From: (no name provided)	Read Replies (2) of 584

Thanks for your reply Mark and your comments Teri - another Q What about MMCN - apparently it is in the same market (but nowadays companies are in several markets and there is a lot of overlapping, so take that comment in general - if you know of the products/markets these two have in common and those that are different, would appreciate knowing this). MMCN has it's lock up period, from what I've read on SI & Yahoo, near the end of April. Initially, I thought the price would go down with the extra supply of stock, then I heard another argument for the price to rise. In light of what's happening with GALTF, could MMCN fall as well. I have thought that GALTF was somewhat overpriced and a P/E of 30 at $26 or so sounds like a reasonable level. Then what about MMCN - this makes me nervous to get in on it since it could have the same experience as GALTF. I think you or someone else mentioned PMCS (Sierra) as being in this market. Are there any other public co's? Thanks for your comments/help in helping me to better understand things.

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