Summit Design (SMMT)-Another EPIC? Message Board

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Technology Stocks : Summit Design (SMMT)-Another EPIC?

SMMT 18.03

-0.7%

1:41 PM EST

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To: Andrew Furst who wrote (72)	4/25/1998 11:40:00 PM
From: Claude Edelson	Read Replies (1) of 100

Andrew, I share your view. Great quarter but since no pop occurred hot money went out. Hopefully, their new product releases in June will refocus spotlight on summit. What is frustrating is that with all the overvalued stocks people talk/worry about, this one is so cheap. If 80 cents is expected 99 earnings even with a 25xearnings makes this a $20 stock today (ignore that the actual revenue growth rate is closer to 50%). Why is the market discounting them so much? Is it far east? Lack of visibility (only covered by 2 analysts). Interested in making sure I am not missing something. Claude

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