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Re: Knowledge is King post# 35615

Tuesday, 05/23/2017 11:17:30 AM

Tuesday, May 23, 2017 11:17:30 AM

Post# of 112541
KIK- AAOI, fair question

After reading Needhams $85 upgrade yesterday, I now feel analysts believe that growth still has a long ways to go for AAOI. I am making the assumpttion that once investors believe we are still in the beginning stages of data center buildouts(as it appears analysts do), and that AAOI could grow for some time yet, that the PE given will go back to around 17-20 going forward. With around $5 expected in 2017, $85- $100 is now the new range I expect it could trade in.

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