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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?


To: Ruffian who wrote (2666)10/25/1999 6:35:00 PM
From: Keith Feral  Respond to of 13582
 
Ruffian: I couldn't agree more. It seems that the analysts are picking up some pretty positive vibes as they meet with the company to do their DD for the quarter. It seems that the high end of the EPS range has just jumped to $4.50 for next year, up from $4.00. The Goldman analyst said that he expected the EPS for next year to improve 10 to 15% through the sale of the handset division. When I worked out the SSB comments, his new EPS target worked out to about $4.50 too. IMO, I think the company should be trading at least 50 times $4.50 or $225. I guess the component shortage is not going to keep a lid on things for much longer. <gg>