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 : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (115528)	10/23/2000 9:29:50 PM
From: puborectalis	Respond to of 120523

ML(Joe Osha) pounded the table for NSM last month saying......our own checks and comments from the company tend to confirm an upbeat picture especially int he catalog analog and wireless end markets.Bookings were accelerating at the end of the quarter and NSM indicated that it sees improved demand from the wireless end market as it comes into the autumn.NSM's comments support our own contention that the worst news in that end market is behind us.The August Qtr numbers were excellent.....for the November Qtr,all our checks suggest that the analog business should be improving through the Qtr and we regard our current $685MM revenue estimate as conservative.Valuation seems unreasonable low at 15xFY2001 earnings and 14.7xFY 2002 semms unreasonably low.NSM should benefit from more upbeat expectations for wireless.....so,Joe,what went wrong??