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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD)
AMTD 1.010-0.5%11:30 AM EST

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To: Diamond Jim who wrote (917)4/14/1999 9:58:00 PM
From: David Lee   of 1848
 
"but it grew from 0 to .14 so the P/E is no where near that high.

well, from 0¢ to 14¢ over the last year...we have 9¢, 10¢, 6¢, and 14¢ for each of the last 4 quarters. With today's closing price of 148, gives us a trailing P/E of 379 ( compared to 592 using the March 98 earnings). So my 264 estimate was actually too low.

Looking forward...well it's all a crap shoot. And it's hard to do math on a crap shoot. Anyway -- cheers to all you AMTD'ers!

David ( jealous EGRP'er ) Lee

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