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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Steve Childs who wrote (1837)8/22/1997 6:56:00 AM
From: Steve Childs   of 31646
 
OOps, sorry, I didn't calculate the PEG correctly. I was so focused on top line that I took .5 of % revenue growth , which will probably be what the market does in the short term, since this is an emerging earnings story. The Earnings growth would be 170%, so .5 of that would be .85, so .27 EPS X .85 X 100 = a $23 stock, if all goes well. By the way, if anyone has knowledge of different numbers than the ones I used, please let me know.

Also, by the way, I assigned a very rich PE to this stock solely based on growth. If you apply a PE of 20 instead of mine based on Price/Earnings Growth, you would get a range of $5.40-$9.4. So will this stock take on the PE of the industry, or a PE based on its own growth chart?
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