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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Prophet who wrote (10077)7/26/2002 11:12:15 AM
From: Dave Gore  Read Replies (1) | Respond to of 16631
 
Prophet, maybe but NSM will only earn 60 cents eps in the year ending 5/03. It's not exactly cheap but that said, it technically getting oversold.

It's all dependent on the SOX now. Will it rally back toward 400 or fall below 300. That's what traders are watching.

Earnings consensus:
kevxml2a.infospace.com

Now 2004-5 is a different story if they can turn it on. The stock could easily be back to $30 in a couple years.