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Technology Stocks : Artisan Components (ARTI)

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To: Spark who wrote (1)1/21/1999 11:47:00 PM
From: Shtirlitz  Read Replies (1) of 34
 
IPO was at around 17. Stock was as high as 23 and it went down to around 5. Looks like now is the time to buy. The business is speeding up. Projected growth in the semis is more than 40% in the next 3 years.
All the bad news are out of the way. They have already preannounced shortfall in earnings. Royalties revenues should be substantial. And
as their customers will start rolling out new chips, during the year,
earnings momentum should accelerate.

I would expect this stock to at least double during 1999.

Judging by today's action, I'm not alone.

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