yes that right $62 to $66 is fair value now, its OVERSOLD right now. Your method is quicker, I was just trying to factor out Present Value from Future Value (PV and FV for all you HP12c financial calculator fans. My calculator does this automatically, and I was trying to recreate what I think the formulas are, I may be wrong, but my final number appears to be in the ballpark at $62 versus your $66, but I think the earnings will be higher, than the dismal last year, we all are forgetting that this company was expnential BEFORE the crash, and STILL MET EARNINGS and exceeded estimates this whole past dismal year. On the recovery, EARNINGS SHOULD EXCEED ESTIMATES, and the economy is about to recover wholesale. Despite the profit taking today, I expect another rally, sooner than later. all you ssb clients, why don't you get the cajones and demand these late ANALysts get fired, where were they 18 months ago when they could have been right, only to now come late to guarantee being wrong for the next forward quarters?
I am,
Truly your$,
-Crystal Ball |
