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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted

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To: bill small who wrote (149)2/15/1996 1:52:00 PM
From: Roger Brown   of 1014
 
Bill:

Let's see...a few weeks ago the average PE of the big 3, MCI, SPrint,
and AT&T was about 29. There are many ways to look at this PE thing,
yet i think that if the earnings kick in that the PE will be above
the BIG 3. Yes, they are growing but not nearly as fast as TLTK has the
opportunity to.

Because of this i think the PE will rise to 50 someday. MCI, which
grew only a little last year has the highest PE of about 40. IF TLTK can
double or triple earnings....

Just my thoughts about PE stuff. By the way, there is an article in the
WSJ today about how it wil be harder for investors to know true earnings
for a company...just as i get into the stock market things get more
distorted...oh well.
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