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Strategies & Market Trends : Waiting for the big Kahuna
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To: kahunabear who wrote (3678)8/4/1997 3:37:00 PM
From: Arik T.G.   of 94695
 
Britt,
It's worse then that. Options not exercised are not counted as shares outstanding, so if you add those to the # of shares outstanding you'll get the real EPS. But what does it matter - 40x earnings and 4x book or 50x earning and 5x book. It's just numbers. A bubble it is.

Arik.
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