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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: nokomis who wrote (60940)9/13/1999 12:38:00 PM
From: pennycash  Read Replies (2) of 120523
 
SUND price target $15.20 - approx 60% higher than right now!

At the close on Friday 9/10, the twelve trailing month's (TTM) earnings per share was $0.30. With a closing price of $8, this gives you a P/E of 26.67.

With the latest FY2000 Q2 record earnings of $0.21, the TTM moves up to $0.57 - 90% higher than last quarter!. Using the same P/E of 26.67 from Friday, the new price target is $15.20. This gem is trading at 9 3/8 right now.

I think we have a winner here!

-pennycash
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