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Technology Stocks : Axon Enterprise, Inc. (AXON), formerly Taser Intl.
AXON 586.44-8.3%3:59 PM EST
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To: Bid Buster who wrote (842)4/27/2006 8:36:41 AM
From: GVTucker  Read Replies (2) of 974
 
Give 'em the benefit of the doubt on Q3 03 earnings and round it up to 1¢. That takes the year to 3¢ and lowers the PE to 366.

Three analysts publish a 2006 estimate, right now the average is 12.6¢ for the year, giving you a forward PE of 87. The average analyst estimate for 2006 at this time last year was 34¢, so the business has really performed much worse than expected over the past year, even though the stock price has gone nowhere.
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