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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (11508)12/7/2001 2:44:46 PM
From: Steve Lee  Respond to of 99280
 
Funny you should mention Edelstone. I just read a report he authored on TXN. In it, he reckons they will make $1 in 2003 with an ongoing growth rate of 25%. He gives it a PEG of over 1.5 for a price target of $40.

I give it a PEG of 5 for a price target of $20



To: Sully- who wrote (11508)12/7/2001 3:23:24 PM
From: Pierre  Read Replies (1) | Respond to of 99280
 
Wasn't this sector just upgraded a little while ago? I don't usually pay too much attention to those things, but since I was short the semis for awhile I seem to recall that. I suppose that means the big boys have finished distributing those shares they bought cheap in October. Quite a scam it seems. Probably the second oldest profession. :>) Actually, when it comes to some of these analysts, it is the oldest profession. :>) :>)

Pierre


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