Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Aastra Technologies - telephony, e-cash, mini-ATM -- Ignore unavailable to you. Want to Upgrade?

To: P.Hill who wrote (134)	7/29/1999 12:17:00 PM
From: sPD	Read Replies (1) \| Respond to of 233

Just read the July 30 Investor's Digest with Tony Yue's (Canaccord) analysis and recommendation of Aastra. He rates Aastra as "an attractive buy for growth oriented investors". Based on his estimates of 1999 EPS of $0.36, and using a PE of 18x earnings, his 12-month target is $6.50. It's not clear when this report was prepared (the article mentions "recent") but obviously it was done prior to the July 15 release of the Q2 results which show Aastra earning $0.22 after just 6 months. Assuming a more likely full year EPS of 0.45 and his 18x earnings, a more likely target should perhaps be $8.10.