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Technology Stocks : USRX

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To: Jeng Chiu who wrote (371)6/19/1996 5:40:00 PM
From: Jonathan Niedfeldt   of 18024
 
Seeing that the expected earnings are supposed to be $2.32, a target of $130 is a P/E of 56.034. IOMG was hovering around 250 P/E or 4-5 times the P/E of USRX. I hardly see this as elevating it to those levels.

By the way, at $85.75 the P/E based on current earnings is 51.04. That means the P/E will hardly increase as it approaches $130.

Unless my math went nuts somewhere between the mind and the web, I don't see a problem with this.

Jon
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