Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Gary D who wrote (1326)	8/24/1997 7:06:00 PM
From: DD™	of 42834

GD; Bob, in his inimitable way, did a quick on-air calculation of CYMI's PE based upon its $.04/share earnings for the year completed. Taking his calculator, he said "lets see, 4 cents into $97 1/2 gives us a PE of 2375!!!!!" This on-air calculation was done following his discussion of the absolute highest PE possible for a given stock, that being "infinity" as he called it. The caller mentioned YHOO, and Bob pointed out that infinity doesn't even apply becuase there are no earnings for YHOO, in spite of its current share price of 55. DD

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