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Strategies & Market Trends : Keep Your Eye On The Ball - Watch List
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To: agent99 who wrote (961)4/22/1999 10:00:00 PM
From: TFF  Read Replies (1) of 2802
 
Buyout Rumor Related - "California Technology Letter recommended COMS. says the rumor in Silicon Valley is that Ericsson is talking to them about buyout, but there are other candidates including Lucent, Alcatel, Siemens and Nokia, according to his news letter. Their target is $40 but could be low by $10 depending on who gets into the bidding. Says the stock sells for just 1.3X revenues, a price /earning ratio below its growth rate, and a price/growth flow ratio under 8."
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