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To: Jeffrey Beckman who wrote (10354)10/21/1999 11:28:00 AM
From: SJS  Read Replies (2) | Respond to of 14427
 
GALT watchers:
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Galileo Technology Ltd. (GALT) 19 7/16 +1 1/16: Deutsche Banc Alex. Brown is out this morning defending the semiconductor maker after the company reported earnings in line with estimates and subsequently sold off 3 3/4 points; apparently a CSFB analyst came out ahead of the release saying the company would beat estimates, when they didn't (due to the Taiwan situation), the issue sold off; DBAB feels now is a good buying opportunity, the company has strong growth and is trading at 24x earnings while seeing 40% growth; rating is "strong buy".....