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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area
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To: Crossy who wrote (10046)6/9/2005 9:59:33 AM
From: Paul Senior   of 37387
 
IPII. Out of the air, I'll guess maybe earnings $1.50 for the year. That'd be about 50% roe - very, very good if they can do it. Maybe momo players can push this thing up 20x this or next year's earnings (earnings which one presumes might be higher than $1.50). My imagination isn't as good as some - I'd say peak p/e might be 15x or $22.50/sh. But with momentum players, who knows?

For me, I'd rather be selling into a peak than after it, and given that the stock was about $9/sh less than a month ago, I'll start to scale out at this point.
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