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Technology Stocks : Triquint Semiconductor (TQNT) -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (589)3/5/1999 10:30:00 AM
From: Stu Bishop  Read Replies (1) | Respond to of 995
 
Michael and TQNT Thread,

From Zacks I see the FY99 earnings estimate is $1.29 while the FY00 estimate is $1.38. While FY99 earnings are up 104% over FY98, the FY00 earnings estimate is for only a 7.2% increase. Could this explain the recent fall of the stock price? Are investors already looking past 99 to 00 with disappointment at the lackluster growth?

Still, if you believe Zacks 5 yr growth estimate of 25.3%, this stock is way undervalued. If I use a P/E of 25, I get 25 x $1.29 = $32.25.

What am I missing?

Stu B