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To: Don Green who wrote (156)12/4/1999 2:47:00 PM
From: Victor Lazlo  Respond to of 2039
 
<<Why 15 and not $10 or even lower.>>

Don I believe Zeev was referring to the eps projection, not the stock price possibilities.

"... in the Gore Admistration. "
What Gore Administration? <gg>

Victor



To: Don Green who wrote (156)12/4/1999 4:26:00 PM
From: Zeev Hed  Respond to of 2039
 
Don, I meant the $15 earnings three years hence... As for the long term support just under $50, yes it may hold, but on the other hand if $66 is breached (the most recent support), and that happens during a minimelt in the SOX (around February?), a lot of people might throw in the towel. We have not seen much distress selling due to margins, mostly because the rest of the market (one for the Turnips and the liquidity thesis) unusual strength, but there will be a price at which exhaustion will set in.

Zeev