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Technology Stocks : HAUP - Hauppauge Digital
HAUP 0.01030.0%Nov 14 9:30 AM EST

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To: Chris land who wrote (500)5/22/1999 6:04:00 PM
From: hoffy  Read Replies (5) of 1149
 
>>>IMO this stock is not worth more than 13 right now and that's pushing it. <<<<

Just curious what you base this on? The stock is expected to have earnings of $1 or more in 2000. SO you think a stock in the hottest sector in the market right now, digital TV and the convergence of the internet and the TV should be given a PE of about 13-15. Interesting how you came up with this. Their growth has been upwards of 50% per year and it should accelerate greatly. Most companies like this, get a PE of about 40, so on fundamentals alone the stock should be about 40. But in the internet world a stock that actually makes money, is growing rapidly and has a hot new technology usually is afforded a much higher price. 40 is very conservative. If the internet mania kicks in, and I think it will then a price of 60-75 is likely & probable. Now if a short squeeze occurs after they announce a deal later in the week with some big company like AOL or alike, then the sky's the limit. Dare I say 100.
Good luck shorts
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