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Non-Tech : Tommy Hilfiger (TOM)

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To: Gottfried who wrote (303)1/25/2000 2:02:00 PM
From: WILLIAM C KLEMA  Read Replies (1) of 321
 
At today's price ($13/sh), I have to wait 6.5 years for the company to earn my investment back (only assuming $2 a share profit over that time horizon.

If you buy EMC, you'll have to wait 11.5 years for the company to earn your money back. Assuming 40% growth per year.

And for most internet companies ... oh well.

Bottom line, I'm dollar cost averaging in and every time it drops $1 from here, I'm adding 1000 shares.
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