SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Neomagic Corp. (NMGC) -- Ignore unavailable to you. Want to Upgrade?


To: Emilio Machado, DDS who wrote (2210)12/9/1998 12:17:00 PM
From: Dana Breite  Respond to of 3645
 
Congratulations to all longs. I was feeling like an idiot there for awhile because I bought more on the way down. I don't want to sell until next year because of tax consequences, so I'm trying to figure out a reasonable price target for next year. Next year's earnings are estimated to grow by only 20%. That seems low to me, but even with only 1.43 next year and a modest 20 P/E ratio, that gives us 28+. I would appreciate any comments. Thanks, Dana