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Technology Stocks : GALT - Galileo Technology -- Ignore unavailable to you. Want to Upgrade?


To: Chuck Agger who wrote (78)5/31/1998 11:08:00 PM
From: KellyW  Read Replies (1) | Respond to of 584
 
Chuck, I believe I can successfully sell my shares of GALTF in August between $36.00 and $38.00 a share. That's my goal anyway. The revised estimates are appropriate, but the CEO of GALTF thinks they will make up for any slack in this quarter by end of the year. The revision will only them to beat estimates - which is good. The current sell off has more to do with the over all chip/tech sector, which is getting hammered. I bought at 25 7/8 and thought that was a steal, well, the steal has gotten better. Regardless, I'm confident that the 1-3 month time frame will serve us well and the longer term prospects are even better.