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Technology Stocks : LHS Group Inc (LHSG)

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To: Pauline Starkweather who wrote (9)5/27/1997 6:07:00 PM
From: Juergen Bub   of 113
 
Pauline,

I think it can go up for a while, but it's not a must. As far as I catch the feelings here in Germany, most people are reducing the earnings to the 4.8 million shares issued, not taking into account the 25 million shares outstanding. Especially not taking into account that earnings are calculated on a 22 million share basis. Therefore I know some talking about a P/E of 16 which is in fact a P/E of 80.

Sorry, that I can't give you a better idea, but this stock may rise until at least some people start to realize the facts. And this could take some time ( next earnings). Will be the first time people start to rethink the 16 price/earnings.

All the best from Munich

Juergen

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