PPD (Pre-paid Legal Services) on the move Message Board

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Non-Tech : PPD (Pre-paid Legal Services) on the move

PPD 47.28

0.0%

Dec 8 4:00 PM EST

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To: Tracey R. Lanthier Jr. who wrote (600)	2/6/1998 4:35:00 PM
From: Leslie S. Feinberg	of 801

Tracey: Thinking about this 50:1 PE. It seems enormous, but if the revenue and profit continues to grow at the rate it has for the past couple of years by the next report the PE will be in the 20-30 range if the price stays at about 45. With a company demonstrating this fantastic growth rate a high PE is not unreasonable, unless there were some reason to anticipate an end to this rate of growth. I don't see such an end at this time. Les

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