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S&P 500: 1,340.35 Change: -0.84%
drdweiss
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Commentary
BUY: STEC INC. (STEC) Rating: 3
Start Price: $26.97
Points: -87.49
Created: 10/09/2009
TTM PE is 40, Forward PE is apx 18. 2009 earnings est of 1.59 givs STEC a target of 28.62 using the lower end PE. STEC has regularly traded at 25+ times earnings which would give it a target of $39+ for 2009. For 2010 target would be $42 if you use the Forward PE of 18.

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