To: Mighty Mizzou who wrote (1037 ) 5/27/1999 11:34:00 AM From: Mighty Mizzou Read Replies (1) | Respond to of 1096
Xircom Has It Alltfc.com . Xircom Has It All Posted Tuesday, May 25, 1999 at 09:30 AM EST by Bill Chidester Scientific Investing Xircom (XIRC 25 5/16 OTC) has it all. If this company lives up to expectations, we should be able to sell the stock for a gain on the order of 100% within the next year. Xircom boasts long-term price momentum that puts it in the top 2% of all stocks. It also has a ton of fundamental momentum as reflected in March-quarter earnings that more than tripled on 52% growth of sales, topping analyst expectations. Xircom is the acknowledged industry leader within one of the fastest growing niches in the computer industry. And its stock is ridiculously undervalued at a mere 12 times earnings estimates for the current fiscal year (ending Sept.) and 10 times next year's estimate - both of which have been validated by comments of top management. Xircom is the world's leading maker and OEM supplier of mobile communications solutions for connecting portable computer users, either locally or remotely, to corporate networks, the Internet, and other online resources. The company's products are sold and supported in more than 100 countries through a global network of distributors, integrators and resellers. As would be expected of an industry leader, Xircom is an innovator with a long string of firsts to its credit. It recently introduced the first miniature PCI modem, which is incorporated in Hitachi's notebook and sub-notebook PCs. So if this super-growth company is delivering results that exceed expectations, why is it valued in the marketplace at less than half January's peak price? It might have something to do with the manic-depressive investment mentality so prevalent in the stock market. But it is exactly that characteristic of market behavior that creates great profit opportunities for us. Xircom is a great buy near 25 and an incredible opportunity in the low 20s.