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Standard Microsystems Corp. Message Board

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  • misterrightnumber1 misterrightnumber1 Oct 5, 2006 4:57 PM Flag

    why price drop big in AH ????

    the reason for the big drop is the guidance for next quarter which is only 23-27 cents

    this would give the stock an annual eps of 1.00 and a multiple of 30

    the stock is way overpriced given the average multiple of 16 for s&p stocks would yield a 16 stock price