Stockchase Opinions

Reza Samahin, P. Eng, CFA Q-Logic QLGC-Q BUY Jun 24, 2004

Disappointed last quarter and has been battered. Should do reasonably well going forward.
$27.350

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
SHORT
Good company, but valuation is too high.
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.
DON'T BUY
Makes cards that go into computers. Under a lot of pressure.