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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Rutgers who wrote (68643)	8/30/2005 11:46:38 AM
From: Elroy	Read Replies (2) \| Respond to of 77400

Elroy - check your homework again - SGTL trades at a trailing PE of less than ten (10) and that's not deducting their boatload of cash All the numbers I've quoted were PE based on the forecast consensus next 4 quarters of EPS. You're right, SGTL is below my range of 17x to 32x for other semi stocks. On this basis, SGTL is 15.3x, or 11.5x if you deduct their net cash from their share price. 25% of SGTL's market cap is cash. OVTI's forward PE is 11.8x, or 7.4x if you deduct net cash from their share price. 36% of OVTI's market cap is cash. So, SGTL is quite inexpensive at 15.3x. ELX is 19x. SNDK is 23.3x. Normal semis are ~24x. But the conclusion is the same, OVTI is insanely inexpensive at 11.8x, or 7.5x if you deduct their net cash. What profitable, industry leader in ANY area of tech (which is about to report an all time RECORD revenue quarter) trades at 7.5x ex-cash, and deserves to have 32% of the float short? It don't make no sense......