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Technology Stocks : Plexus Corporation (PLXS on NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Dennis R. Duke who wrote (82)4/20/1998 2:07:00 AM
From: Toby Zidle  Read Replies (1) | Respond to of 128
 
I checked out both analyst reports, Dennis, and can't find it easy to be impressed by them. The Schroeder report has a 12-month target of $23, only 10% above current price. I'd think even a short-term investor could pull more out of PLXS than $2 within just a couple of months. The Piper Jaffrey analysis calls for $27 in twelve months. Just seven months ago we were at $38. Just shows that prices don't go up as fast as they come down. To me, it demonstrates the risk of PLXS. Personally, I continue to hold PLXS because I believe that in the course of normal market trading in the next six months, PLXS will peak at a price that will put both of these analysts to shame!