>> Sorry i didnt make myself clear.
Actually, I knew the direction you wanted to head because I've read similar, value investing oriented questions from you on other threads. Simply put, the metrics you are using preclude investing in stocks like sebl, ntap, and qcom, and lead towards a set of companies that have good earnings, negligible growth, and are out of favor. It's a rational approach, but not one that has been successful for many years, and certainly not one that tech bulls favor.
>> When is NTAP expected to make around $2 to $3 per share in profits??
Based on a linear projection? Ntap's fiscal year 2001 ends in April, and the consensus is $.41. That's a 95% growth over their FY00 earnings of $.20. If they sustained that growth rate, they would report $.80 for FY02, $1.56 for FY03, and $3.04 for FY04.
That's a very simplistic and flawed approach, and I'm not offering it as a prediction. But I would suggest that T-bills will always appear more attractive than a growth company to a value investor .
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