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Gold/Mining/Energy : PATHEON INC. (PTI - TORONTO)
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To: John Sladek who wrote (46)9/30/1997 9:41:00 AM
From: Robert Miluga   of 147
 
John, according to Investor's Digest, First Marathon expects earnings of .09 this year and .12 next year. That's a ratio of 30x this year's earnings and 23x next year's. Is this reasonable? Are there similar companies trading at higher ratios? The market appears to be expecting good news.

Cheers,

Robert
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