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Strategies & Market Trends : 50% Gains Investing

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To: - with a K who wrote (37442)4/16/2004 9:22:31 PM
From: - with a KRead Replies (1) of 118717
 
re: AUO estimate -- Note that 3 analysts have raised their next year's estimate from $1.35 to $2.21 for AUO, but at $2.21 it is lower than this year's $2.32. I expect that $2.21 figure to be raised again once earnings come out and I used that as part of my judgment to buy. I also believe more analysts will start covering AUO, which should work to my favor.

Well, that didn't take long.

Yahoo now shows 4 analysts with an average estimate for next year of $2.41, up 20 cents since my post yesterday. Yahoo calculates a forward PE of 11.45 for a company that analysts think will grow 133% this year. Industry average growth is given as 18.2%

:>)

finance.yahoo.com

- Kris
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