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Politics : RAMTRONIAN's Cache Inn
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To: NightOwl who wrote (13809)2/15/2008 11:37:59 AM
From: Sr K  Read Replies (1) of 14464
 
Are you, and is the market, prepared for 2008 EPS under 20 cents per share?

Do the math, earnings now will be taxed at 38.5%, and that's what you get with $64M revenue and 13% margin.

Even though this is a non-cash accounting requirement, the market has to adjust to earnings reports that will show taxes and after-tax earnings.

$4.50 is a P/E of 25.
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