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Technology Stocks : Genesys Telecommunications (GCTI) -- Ignore unavailable to you. Want to Upgrade?


To: Bobo who wrote (42)1/26/1998 5:57:00 PM
From: Clam Clam  Read Replies (1) | Respond to of 220
 
GCTI starting to look like one to buy. I got some today at $25 and change. Nice backlog and incredible growth rate. I am hearing very good things about this company and its at the bottom of its trading range.

I like the term Bill H uses for stocks like these --> 'Athletes'

Reported numbers are clean and they should blow through estimates. Their engineering team is excellent and the targeted market is large and growing. I am not sure where they go after call-centers but there is probably more phone/computer integration types of technology platforms needed.

P/E doesn't make it cheap but great growth stocks rarely get that way. Since we are at the forefront of a major EPS ramp, I am not going to get too cute with a price target. For now, I target $45. However, consistent 50% per year is fine with me as well.