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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: UnBelievable who wrote (14026)8/28/2000 6:23:22 AM
From: Monty Lenard  Read Replies (1) of 436258
 
"This is a company that is growing at low teens at best. You're basically paying a multiple of about 40 times [projected] earnings for a company whose prospects are for annual earnings growth of 10%-13%," the bearish hedge-fund analyst asserts.

Hell, in this market 40x sounds like a bargain to me. Look at crisco and some of the others leading this pig. Granted their growth projections are higher but proportionally ...not that much difference if any.

Monty
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