Market Gems-Trading Strong Earnings Growth and Momentum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Connor26 who wrote (799)	1/7/2001 7:07:00 PM
From: Jenna	Read Replies (2) of 6445

No, but the GLW website WAS NOT UPDATED at my posting with the latest figures. Now it is updated and I guess they were afraid about irate shareholders. It is unusual to update a website at 6:00 p.m. on a Sunday. So basically there was earnings confusion and tomorrow is now an unknown. The fact that GLW released its earnings on a weekend than did not place it on their own website until much later is in line with this new form of 'surprises' and precendents set in the market. Its not safe holding anything through earnings in this convoluted market. A Growth rate from 20% to 30% for a year means earnings from $1.40 to $1.52 per share. So if you take the current P/E and the price of $50 it is still not cheap but nearly fairly valued. For growth rate of 20% to 30% in this market place you can find stocks trading more cheaply than GLW. If GLW is fairly valued than it would sell off like other fairly valued stocks do after earnings. But that is just an opinion.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next