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Technology Stocks : Perot Systems (PER)
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To: Stephen O who wrote (293)2/8/1999 11:02:00 AM
From: Ben Wa   of 542
 
If you pencil out their revenue and earnings numbers, you get 1999 revenues of $1.2 billion and eps of $.52
Next year, $1.5 billion and $.63, one of the problems is that there are 118 million shares out for 2000. This is an IT service company, like an Anderson Consulting, trading at 92x year 2000!
bye!!!!! I could see the underwriters coming out with an opinion saying it's a fine company and all that, but...well, maybe they have a cure for cancer, too. whatever - I think you will find that those are the numbers used in the road show, too.
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