Safeguard Scientifics SFE Message Board

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Technology Stocks : Safeguard Scientifics SFE

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To: William R. Polk who wrote (774)	8/23/1997 11:52:00 AM
From: robert miller	of 4467

Bill, Net earnings growth for 1996/1995 was 66%. Net earnings growth for 1997[6mo]/1996[6mo] was 69%. What is a reasonable PE for a stock with earnings growing at almost 70%? Let's assume 70. Using your $.14 per share the value would be $9.80. However, using a projected earnings of $.23 for 1998 and a PE of 70 we get $16.10. This one may have pretty good potential. bob

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