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Technology Stocks : i2 Technologies
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To: Mohan Marette who wrote (1128)1/23/1999 9:04:00 AM
From: orkrious  Read Replies (2) of 2339
 
SoundView's $35 price target and Legg Mason's $34 are ridiculously low. With a $.50 eps run rate, 70-75% revenue growth, and eventually a greater growth % than revenue flowing through to the bottom line, and a dominant market position, the stock should have a PE of at least 75. FY 99 earnings could easily be over $.75 and FY 00 $1.20. By the end of the year, when the stock is selling based on Y2K earnings, it could easily be $100.

Jay
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