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Silicon Laboratories Inc. Message Board

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  • robertwidlar robertwidlar Oct 5, 2007 2:49 PM Flag

    Wedbush raised their tgt to $47 !!!!

    I don't think the Broadcast business is good enough to
    warrant $47/share. Take out the sale of Wireless and
    the $12/share in cash and the P/E is still pretty high
    given SLAB's growth performance. The buyback appears to
    be putting the squeeze on available float. This squeeze
    will correct itself when the institutional guys decide
    to monetize their gain.

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