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Technology Stocks : MENTOR GRAPHICS -- Ignore unavailable to you. Want to Upgrade?


To: ricky who wrote (220)2/18/1999 11:59:00 PM
From: P314159d  Read Replies (2) | Respond to of 376
 
Thanks Ricky,sounds good and alike to my thinking...

but I firmly believe this is the just the beginning. More firms will raise the rating in the next 6 mos. Still too many holds/ neutral. $19 is conservative

Sales to mkt cap. suggests a full breakout within 12 months and if the earnings approach a buck this stock will hit 30 even if the Dow trades in 8k to 10k range. Institutional money is crying to find a new home of solid ( better than 5.5 % bond return). This is my second candidate on that front. My first is BMCS, because it is well known to the analysts.

BTW, like the pennant formation - in this market?-- unbelievable .
I sold shares at 13 1/2 and gotta itch to buy below 13 even tho I was greedy and asked for 11 1/2. I ain't gonna miss the next breakout though as I watch this one often.