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 : Smart Modular - diamond in the rough? -- Ignore unavailable to you. Want to Upgrade?


To: Serendipity who wrote (1968)5/11/1999 3:09:00 PM
From: Henry Eichorszt  Read Replies (1) | Respond to of 2020
 
: VIEWS AND NEWS,SMART MODULAR TECHNOLOGIES

5/11/99 2:30 pm... MODULAR (SMOD 16-3/4) UP 1-3/8, SG COWEN RATES BUY...
Analyst Amy Lubas tells MarketScope thinks new value players have been driving
stock higher over past few days... Notes co. expected to report 2Q results next
Wed... Expects 2Q to come in line or slightly better than her $0.28 EPS, $250M
sales ests... Says memory module market trends strong, communication division
cost issues now under control... Also says embedded systems, which in past few
quarters were sluggish, now picking up... Rates buy at current levels... Stock
currently trading at about 10x $1.60 FY 00 EP... Has $35-$37 price target,
a deserving multiple of 22x-23x FY 00 EPS./Trombino

-0- SMOD $ (1382) 05-11-99 02:41 PM EST