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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: rogermci® who wrote (22304)6/3/1999 3:39:00 PM
From: jim g.  Read Replies (1) | Respond to of 29386
 
Kinnard has a new report out dated May 28th in which they raised their price target to $18/s using a 10X multiple on their $45 million projection for next year. They say further that using a 15X price to sales and a slightly better sales projection that the stock could get to $30/s with a few decent announcements, assuming a favorable investment environment. Of course this was written before the SUNW news.


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