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.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: xcr600 who wrote (24866)	1/21/2000 6:22:00 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68294

Hi X, I don't know about the analyst's target, but look at the price versus sales ratio. It was 1.74 when the price was $17, calculated on sales of 9.5 million. The sales from this quarter was $25 million alone. I went long a small position at 21 7/8 just to see where it goes and to keep me interested. Also looking interesting are API, large area avalanche diode for the detection of light. LPWR and POCI continue to power along too. NEWP I have fair value at $61, so entry on pullback might be worthwhile given the valuation of the other stocks in the sector. There is some downside protection as the growth rate of earnings is not out of whack for the price of the stock. It even pays a dividend. :) MRVC. All I can so is darn! That one got away. It was my choice and I even posted privately a good entry point. The instability of the bonds have me shying away from high P/E stocks at this time though. It is too far to fall when the Fed decides to get tough. I'll look at BGC on the weekend if I get a chance. Have a good weekend.