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AU Optronics Corp. Message Board

  • martino85251 martino85251 Feb 27, 2004 3:30 PM Flag

    Target Price

    Purchased 3,000 shares at $16. I was compelled to buy by the relatively low PE (+/-10) and the high growth rate (40%). I usually establish target sell points at a 1.0 PEG. That's $1.73/share x 40 PE = $69. Of course, I'd be happy even at lower exit points. Just wondering outloud what the upside on this stock is. It appears to be in the sweet spot of the upgrade computer screen and t.v. cycle. Appreciate thoughts.


2.69+0.01(+0.37%)Nov 27 1:03 PMEST