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Technology Stocks : Anadigics(ANAD) - Is anyone following this Company? -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (948)9/17/2000 10:32:23 PM
From: The Ox  Respond to of 1079
 
If ANAD drops 33% from $51MM we get a Q4 revenue target of $34MM. I suspect that eps will be down to the 8-10 cent range for Q4. Assuming they produce $0.23 in Q3 and factoring in the previous assumption, this will give them approx $0.70 eps for this year. A 35 multiple give us the current stock price of $24/share.

EDIT: using above assumptions, revenues for this year will be about 33% over those from last year ($175MM/$131MM)