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Technology Stocks : Summit Design (SMMT)-Another EPIC? -- Ignore unavailable to you. Want to Upgrade?


To: Claude Edelson who wrote (73)4/29/1998 2:21:00 AM
From: Andrew Furst  Read Replies (1) | Respond to of 100
 
Claude, if you are missing something - I'm missing the same thing. I still feel SMMT is undervalued. I happened to recently notice SMMT's earnings projections on Yahoo/Zacks for the "next 5 years", showing 33.3% annual growth. biz.yahoo.com

I feel the estimates for 1999 are too low. The 1998 projections have been increased, but not the 1999 ones (yet). To me, 90 cents/share in '99 seems quite attainable. If SMMT hits that sort of number, or better - I think the current share price will look pretty cheap.