Do you realize that SNPS is currently trading at
at a muliple of 14 X the estimated earnngs for
2000!! If all goes "well", it should trade at a PE of at
least 25...that gives us $75 a share...almost double
from here! Actually quite a few analyst follow the
stock (go to Yahoo research) and the current status is:
7 "STRONG buys" and 6 "buys"...with rating of 1.38
(strong signal!). As some of you may know, Baron`s came
out with a very positive article several weeks ago. I
also see quite a bit of news wire coverage (Yahoo
"news")...so SNPS is staying in the limelight! Not a lot
of"groupies"...that`s ok with me! We WILL see the stock appreciate
considerably over the next 6 months!Good luck to all!
on NVDA today.
They've signed a deal with
Sony - still in the gaming arena but worth mentioning
due to the last part of the article...
IS producing graphics for support in mainstream
PC's. Combined with Rambus's DRAM, NVDA should put out
the best graphics ever seen on PC. Motion graphics...
I don't know. All I know is this; they're in a
business where P/E ratios usually don't mean squat ... and
theirs means major gains, simply put.
the graphics industry. There are no competitors with
the same capabilities. With large Companys like Sony
backing them, they can NOT go wrong.
Japan recovers fully (now in process) and they are
ready to start buying Sony Playstations, the New
Nintendo, and PT III supported computers.... NVDA's along
for the ride.
OK, I'm done with my soap box.
Good luck to you.
Mark Edelstone with Morgan
Stanley, Dean Witter, is calling this a buy - and all of
MSDW is high on the stock. The last three tech stocks
they've advised on went sky high - I've had NO miscues.
Guess that's not giving you any technical information -
but who's more technically sound than Edelstone?
is being used EXCLUSIVELY in all Pentium III
units to come out in Sept. You know the ramifications
of that... PIII will replace everything due to
obsolescence with PI and PII... I'm guessing NVDA will ride
the same bus that RMBS and SNPS is going to be on.
is that they are basically tied to games, right?
And their profit margin is kind of slim - indicating
maybe they're product is commoditized?? I don't
consider them to be upstream. I'm looking at the folks who
supply them and their suppliers - the rule makers.
I am fairly heavily loaded with NVDA. At 18
currently, it's a steal. Low P/E (yeah, hard to believe in
the tech sector), good revenues and heavy with cash.
Poised to skyrocket too.
SNPS is a well hidden
company that's going to skyrocket when the mm's become
more involved and one JUST ONE big market maker comes
out and calls it a very strong buy. I'm guessing
that'll be MSDW within the next few weeks.
look around! We are in the right place - at the
far upstream end of the Tech sector at a secular
inflection point - when fab process/technology/device
applications will take another huge leap forward and the
headwater co's like this are making all the rules. I also
like ASML, especially after the latest word from Intel
on the bigger plate.
I'm hyped about this because it's my single
largest holding. I've been somewhat nervous - not about
the company or it's finances (that's real strong) but
about the lack of interest from the big
When the mm's get a hold of this one, we're gonna
That stiff drink did help.
Rahod, you are right. To get the next upward push
to the 60 level, we need the momentum players to
pounce on this, along with analyst upgrades and some
positive press from CNBC and/or financial newspapers, or
some positive news from companies in related
A bond market rally wouldn't hurt either. The 30
year bond won't be above 6% for long, so it sets the
stage to lift tech stocks as the bond market improves.
I think the stock will now ATTRACT a lot of
momentum players and funds. A stock doesn`t shoot up like
this and go "unnoticed" for long! So we should
see...for the most part...a continuation of the run up,
although pullbacks from here out (even now) are
Good luck and "hold on"!