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Technology Stocks : Symantec (SYMC) - What does it look like?

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To: jhg_in_kc who wrote (1814)4/26/2001 12:55:13 PM
From: Alfred W. Post  Read Replies (1) of 2069
 
I am quite pleased with the earnings report ane even more about the very positive response at the stock market.
Earnings and sales rose about at the same speed (13-15%) but the PE measured at the reported earnings is 27 or about twice the earnings groth. And if the earnings should keep on growing at the same speed we could have ea/sh of $2.80 next year giving a PE of about 23. Ratther rich compared to the groth. Am I too demanding or are my earnings expectation too low? Fred
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