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Technology Stocks : Faroudja FDJA -- Ignore unavailable to you. Want to Upgrade?

To: Ritch Hwang who wrote (5)11/9/1997 7:14:00 PM
From: Eliot Weissberg  Read Replies (1) | Respond to of 249
 
When will underwriters recommend this?

When does quiet period end?

Eliot



To: Ritch Hwang who wrote (5)11/20/1997 5:50:00 PM
From: Gerry Palo  Read Replies (1) | Respond to of 249
 
>>The stock should be priced at $1-2/share to be interesting. .

At the current price of 6 5/8 the p/e is about 49. At $1-2
it would be ~7-14. This is after all an ipo with a new product
and good growth numbers. I do think it is right to look at the
risks of the technology itself -- price, market, competition and
so on.But how, as someone else asked, do you consider $1-2 to be
a reasonable price?


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