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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Pink Minion who wrote (10538)7/24/2002 11:30:41 AM
From: Robert Douglas  Read Replies (1) | Respond to of 10921
 
ALTR is at 4 times book value and 5 times sales.

Assuming you think ALTR is an excellent company with a bright future, like I do, what would you consider cheap enough to buy?



To: Pink Minion who wrote (10538)7/24/2002 12:23:33 PM
From: Cary Salsberg  Read Replies (1) | Respond to of 10921
 
For good, honest companies and long term investors, earnings and future earnings growth and the reliability of that growth are far more important than book and sales. Book and sales measures are the tools of the kinds of people, a short seller quoted in a recent column, that would compare ALTR and LLTC to AMCC and PMCS.


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