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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Alastair McIntosh who wrote (11800)11/14/1999 7:12:00 PM
From: Herm  Read Replies (1) of 14162
 
DLP Be careful! Here is a stocks with an annual
growth rate of only 14% and a P/E of 73+ at the current
price. Sure, DLP pays a small div. Otherwise, what is the
attraction to this particular stock? Looks like a temp.
bounce from current levels.

NYSE: (DLP : $28 11/16)$1,186 million Market Cap at
November 12, 1999 Trades at a Premium PE Multiple of 73.6
X, vs. the 15.7 X average multiple at which the Agriculture
& Commodity Foods SubIndustry is priced.

iqc.com
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