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9 pts

Opinion on  Foundry Networks Inc (FDRY)     Sector: Technology  >  Industry: Communications Equipment
FDRY $8 Price Target - Overvalued Relative to Industry Averages

Oct 23, 2008 10:46 PM GMT
Return Risk
+8.69% LOW
Associate

Favorable/Unfavorable Valuation  

FDRY's projected P/E is 22.13
Industry (Networking & Communication Devices) average projected P/E 10.93
Implies a projected stock price of $8.42

FDRY's PEG is 1.83
FDRY's projected earnings growth rate is 12.09%
Industry (Networking & Communication Devices) average PEG is 0.73
Implies a projected stock price of $6.80

More analysis source, calculations, and other info:

http://www.freestockvalueranker.com/?method=peg_pe&symbol...

Analysis current as of October 23, 2008 5:00 PM


FDRY:  This call was made on 10/23/08 @ $16.64
Rating:   Negative   $16.64 (10/23/08)
Gain/Loss:   +7.45% in 396 days
Target:   $8.00 (-51.92%) in Three months


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