RE: Fair P/E ratio for IOM in '98
Sheila,
What's a fair P/E ratio for IOM in '98, you ask? Why not start
with the assumption that it'll be approximately the same
as it has been recently? That's what I'm doing. After
all, there've been no significant changes in the
fundamentals or in people's future expectations.
Accordingly, the price of the stock will rise as the
earnings rise.
If Clik--sorry FIDO, but I won't add an exclamation
mark to anything but an exclamation or a command, to
avoid rendering said punctuation mark meaningless--
materializes as promised, or if we start getting a
rash of OEMs announcing that they're going to follow
Micron's lead and make the Zip the default a: drive
and omit the floppy, then maybe we can count on a
somewhat higher P/E. How much higher? Beats me.
Higher is good, and earnings are rising. That's
all I need to stay happy. That and a little of
Linda's Caledonian elixir with my dinner now
and then. <g>
I too have been having trouble with SI. I got around
it by switching to www3.techstocks.com for a while to
read postings. Apparently the hacker hasn't screwed
(and I do mean "screwed" <g>) that one up yet.
After spending countless hours correcting sophomore
grammar during my seventeen years as a history prof,
I enjoy watching all the rest of you doing my work
for a change, right down to the issue of putting
punctuation inside quotation marks. Count me in
the stick-in-the-mud camp that, with Strunk and
White, always puts them inside. Hell, I'm enough
of a stickler that I still think of "quote" as only
a verb, and that the nouns people should be using
when they use "quote" as a noun are "quotation"
and "quotation mark." <g>
Sure is nice to have another really long long on the
thread with me, Sheila. Hang in there.
Cheers, Tom (long IOM) |
