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Technology Stocks : PLX Technology, Inc. (PLXT) -- Ignore unavailable to you. Want to Upgrade?

To: Taro who wrote (30)	4/7/1999 9:47:00 AM
From: Wizard	Read Replies (1) \| Respond to of 184

I've heard PLX has a host of design wins and revenues will grow nicely as these kick-in. The estimate for 2000 is $.41 and there is a little upside but not a ton. If the estimate trends toward $.50 in 9-12 months, the multiple (with the stock at $15) would still be 30x vs GALT currently at 21x more beatable numbers. PLXT should move up but more because of lack of supply of stock and the channel strength of Merrill Lynch. BTW, ALTR is currently at 28x '00 EPS.