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.

Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: SJS who wrote (10631)	11/19/1999 3:38:00 PM
From: drsvelte	Read Replies (2) \| Respond to of 14427

from Briefing.com.... TranSwitch (TXCC) 53 1/4 +1 1/2: The switch is on in the chip industry, as investors now favor those companies serving the communications rather than the PC industry... One pure play in this fast-growing marketplace which isn't currently trading at all-time highs is TranSwitch... But don't misunderstand us... TXCC isn't off its 52-wk highs because of any problems with its business... To the contrary, the company recently posted another impressive quarter of double-digit sequential revenue and net income growth... One reason for the company's success is managements commitment to serving three key markets - the Worldwide Public Network Infrastructure, the Internet Infrastructure and corporate Wide Area Networks (WANs)... By identifying and focusing solely on these three fast-growing markets the company is well positioned to achieve much better than market/industry growth over the next several years... In fact, company expected to post earnings of $0.72 in FY99 and $0.82 in FY00, with a long-term growth rate of 41.6%... Briefing.com contends that the street continues to underestimate the company's earnings power, however... As such we expect FY00 earnings closer to $0.90... Though stock not cheap on a simple p/e basis, TXCC continues to trade at a steep discount to others in its industry such as PMC-Sierra (PMCS) and Vitesse Semi (VTSS)... As company continues to deliver record setting top- and bottom-line growth, Briefing.com expects TXCC to experience at least moderate multiple expansion... Our initial target is at 65, with penetration setting up a move to the 72-74 area... Should note Briefing.com also sees TXCC as a potential takeover target given solid growth, impressive products, strong balance sheet and relatively small size (market cap of about $1.3 bln).

To: SJS who wrote (10631)	11/19/1999 6:48:00 PM
From: The Ox	Read Replies (2) \| Respond to of 14427

Out for now and will look to reenter in the future. JDSU is a stock for the long haul but after the run it's had in the last month, I thought it was prudent to step aside and count my money<g>. Valuations are getting excessive in many of the companies I follow. I will be a buyer of JDSU in the future, there's little doubt in my mind, but I think this one deserves to cool off some. The stock has basically doubled in the past month and I'll take those profits to the bank by cashing in today. Where it goes from here is anyone's guess? Maybe I'm just too conservative<vbg>! How do you see JDSU's immediate trading future?