Thermo Electron (TMO) Message Board

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Technology Stocks : Thermo Electron (TMO)

TMO 566.12

-0.3%

3:59 PM EST

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To: Wick who wrote (222)	10/3/1997 11:19:00 AM
From: Mark Cahill	of 450

P/E analysis on Thermo stocks is complicated. TMD's P/E as seen on Reuters or Bloomberg is deceptive because they do not back out the nonrecurring items, specifically, the sale of common stock. Back out these items in the Thermo stocks and you have a higher P/E.

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