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Re: rmarchma post# 29778

Saturday, 05/31/2003 5:14:54 PM

Saturday, May 31, 2003 5:14:54 PM

Post# of 435827
Rmarchma,

Thanks for the numbers.

I sure there correct. Question , what's your thoughts on M&A. A lot of cash flow. I would also consider the possibility of a little extra going to the bank and perhaps a higher R&D budget. This of course could only be mentioned under the term of speculation.

The 3.76 is a compelling number for 2003. I would think the market would normally discount the P/E based on the accrue and the tax usage for 2003 but the price will not be settled concerning P/E till the rush is over, I should just say spike. I wouldn't think P/E will not be factored till well into 2004. By then we will be talking about IFX,chips and whatever 3G licenses they may get


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