Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 302.84

+2.0%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Donald Wennerstrom who wrote (15561)	6/18/2004 2:29:46 PM
From: The Ox	Read Replies (2) of 95503

The post I'm responding to contains a table that everyone should review again. While looking at the table, think about "next year's earnings estimates" and consider what the forward PE for the group is based on this number. As of 5/28/04 we were paying a 15 forward PE for the group as a whole. It seems to me that this is a very reasonable forward PE to pay for this group. Now consider what we were paying back in 2002 based on negative net forward earnings $1. We know the improvement in earnings are real. We can look back at the eps progressions over the past 8 quarters to see just how real these improvements are. Don, I don't know if you have this data in your tables or if you have time over the weekend but, if you do, I wonder if it would be easy for you to display the group with actual eps for the past 2 years. If it's possible, I would think it would be very interesting to see the progression in earnings from June 02-March 03 vs June 03-March 04 vs projected next year's eps. The next questions I'd like to answer are: What are the net $ improvement in total earnings for the group from 03 to 04? How much has the bottom line improved as a percentage of the total cost of the group? Are we expecting a greater then 15% increase in 04 vs 05? (Is the 15 PE reasonable or over valued?) If we are expecting growth greater then 15% in eps, then my question becomes how much more? This could help us to determine whether or not our 15% growth rate (forward PE) multiple for the group is in the "ball park". Thanks in advance! mh

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next