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Technology Stocks : Lexmark Intl. (LXK)
LXK 40.490.0%Nov 29 4:00 PM EST

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To: Robert Voigt who wrote (80)10/13/1997 7:12:00 PM
From: Chad E. McQuillen   of 160
 
Robert, I believe the 12M shares does not change the PE ratio. In fact, if you look at last quarter's press release, it shows that the number outstanding was around 76M shares versus the projected number of 70M for end of 3Q. Looks like the company bought back a few shares.
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