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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks

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To: BWAC who wrote (1602)3/29/2000 11:01:00 AM
From: JakeStraw  Read Replies (1) of 5499
 
>>TOM had earnings trouble right? Midsummer '99?

Their margins went down due to a rise in expenses. Even so, for the 9 months ended 12/31/99 they still earned $1.81 (diluted). Even if they only earn .39 for the qtr. ending 3/31/00, or $2.20 for the year...that gives them a p/e of around 6 at their current share price of around $13.50.
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