GALT - Galileo Technology Message Board

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Technology Stocks : GALT - Galileo Technology

GALT 2.965

-9.3%

3:59 PM EST

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To: (no name provided) who wrote (28)	4/5/1998 1:29:00 AM
From: Marc Trombella	Read Replies (1) of 584

GALTF and MMCN are actually in different sectors of the networking industry. MMCN is focusing mainly on the design of ASIC technology, where GALTF is more into network circuit components. I believe GALTF to be a much more established company, with a history of good earnings. MMCN has been slowly making money over the last couple years. With expectations so high over the next couple of years, this stock will either rocket into space, or sink hard. Too early too tell right now. As for valuation purposes, GALTF is a good value right now with respect to earnings and PE. MMCN has a PE of around 500. With a growth estimate of 50% or so. PMCS is also a good competitor of GALTF.

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