Stockchase Opinions

Howard Sutton Q-Logic QLGC-Q SHORT Oct 30, 2002

Good company, but valuation is too high.
$35.450

Stock price when the opinion was issued

electrical electronic
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BUY
Likes storage business, and prefers Veritas or Q Logic which have lower multiples (20 X next years earnings) than EMC
BUY ON WEAKNESS
Great management. Buy at lower levels.
BUY ON WEAKNESS
Last quarter was not up to expectations, so stock dropped. Good CEO. Storage should roll over time. Would consider buying at $40.
BUY
Disappointed last quarter and has been battered. Should do reasonably well going forward.
DON'T BUY
Makes cards that go into computers. Under a lot of pressure.