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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (48242)12/29/1999 5:15:00 PM
From: Mr. Big  Read Replies (2) | Respond to of 122087
 
QCOm 4-1 split tomorrow! "Our 12-month price target of $1,000 implies 175x and 55x our 2001 profit and revenue estimates but is based on $800 for the present value of its royalty stream, $170 for 60x its ASIC profits and $30 for other assets," Piecyk said in his research note. The target is pre the 4-for-1 split to be effective Thursday.

I think $1000 is the 1999 price target.


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