It is very clear ALU is regaining its market. Many good news came or will come out to support ALU. The deal from US, China, Korean, Africa, Spain..., collaboration with QCOM ..., take over deal with NOK, plus ALU has over 35,000 patents!!! Last five years the cash issue push ALU down so hard, now it is time to see ALU back up. What is correct target price for ALU??? See:
PCLN: $7 to over $1,000
AMZN: $3 to over $320
SINA: $0.9 to over $90
SOHO: $1 to over $80
NTES: $0.55 to over $70
JAZZ: $0.18 to over 90
So I believe ALU will back up to a reasonable price level. Dow and S&P 500 made historical new high, Nasdaq also back up to 80% of it historic highest!!! So it is time to invest into the stock has big potential recovering but still very well under value.
"... ALU will back up over $20 within 18-24 months ..."
Yep, pumpsty, with a 2:1 reverse split, $20 is the best we could hope for ... that's about $10 with the current number of shares, which would likely require an EBITDA target of around Euro 1.9 billion ... but I am obviously talking here about the outer limits of the thinkable PPS spectrum.
It's not unrealistic to think ALU valued at 25% of Cisco ($126B) in market cap and that makes ALU at $30B ($13/share) by 2015. Even though ALU is the biggest rival to Cisco as global player while continue gaining market share at the expense of Cisco but the SDN technology will become the ultimate killer to Cisco simply because SDN drives down hardware costs for customers and Cisco's hardware are the most expensive ones out there which means Cisco's margins will suffer greatly.