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Technology Stocks : MWAV-M WAVE COMM -- Ignore unavailable to you. Want to Upgrade?


To: stockteller who wrote (25)2/9/2000 7:49:00 PM
From: Tom Hua  Read Replies (1) | Respond to of 443
 
stockteller, I agree. If the stock becomes an investors darling, it could trade at 10 or more times top line, which could take it to $100/share.

In Oct 98, my brother-in-law and I bought PHTN at $2 3/4. It was trading at P/S of slightly below 1 like MWAV now. Today it trades at double digits P/S and stock is around $60. My brother-in-law is still holding his 20-bagger. Mine was long gone, an expensive mistake.

Regards,

Tom



To: stockteller who wrote (25)2/9/2000 8:02:00 PM
From: Alastair McIntosh  Read Replies (1) | Respond to of 443
 
Five times top line? 8-10 times top line?? Guys, are you not laying it on a little bit thick here? This is a small circuit board manufacturer with low margins. Even technically advanced manufacturers like Sanmina or Celestica do not trade anywhere near those multiples.

Two times next years sales would be generous.