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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: LastShadow who wrote (9246)5/8/1998 5:35:00 PM
From: AlienTech  Read Replies (1) of 120523
 
TI selling out to MU

sjmercury.com


At Thursday's closing price of $64.06, Texas Instruments trades for about 30 times expected 1998 earnings. Boost earnings to $3 and keep the same multiple, and all of a sudden the stock is worth $90.
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