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Technology Stocks : SILI - Siliconix -- Ignore unavailable to you. Want to Upgrade?


To: WTMHouston who wrote (24)11/17/1999 9:54:00 PM
From: Ajay Aggarwal  Read Replies (1) | Respond to of 152
 
The way SILI went from 50->60->80 with very small pauses in the $70 range suggests more upward possibilities, although this will take time.

This is still unknown stock (ie. no CNBC or market experts) and as such it will pause, followed by a spurt, followed by a rest.

This is fine, as minimum $6-8 earnings is very likely for next year, and with P/E of 15-20 that puts it at least $120, and likely much closer to $160 by this time next year.

When SILI moves, it moves fast.