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To: upanddown who wrote (7146)	2/4/1999 2:27:00 PM
From: The Ox	Read Replies (1) \| Respond to of 14427

yes on GALTF, I think they are a winner and an excellent long term holding. At 21, I think they are very attractive. I might have to buy some myself today. No on TDFX...haven't followed them.

To: upanddown who wrote (7146)	2/4/1999 2:59:00 PM
From: The Ox	Read Replies (1) \| Respond to of 14427

To follow up why I'm so positive on GALTF. They grew revenues last year at a 40% clip and EPS at a 35% rate. Consensus estimates for this year are over a dollar (and FY00 at 1.40ish) which would continue the 35%+/- eps growth rate. The company is trading at 28 times TRAILING earnings while almost all the companies in the sector are trading at high multiples on FUTURE earnings. Last year's growth was done during a major product transition phase which we all know is not the easiest thing to do. Given a proper PE on trailing earnings the stock should be trading in the 25.50 range and on future earnings the stock should be in the low 30s. I think this company is a very good bet, but of course, there are no sure things. Best of luck with your decisions, Michael