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Technology Stocks : Altera -- Ignore unavailable to you. Want to Upgrade?

To: Bob D who wrote (2055)6/3/1999 10:04:00 PM
From: schlep  Read Replies (1) | Respond to of 2389
 
IMHO $50 target price which was reiterated today should be a guarantee some time over the next 12 months. P/E may fluctuate, but 12 month forward earnings of about $1.05-$1.10 should at some point catch a 50 p/e letting the stock hit $50 a 50% gain. This 50% upside is versus probably 30% downside which is much less risky than the beat up internuts currently at half their highs.

-schlep


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