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Technology Stocks : FBST -- Fiberstars

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To: stockvalinvestor who wrote (37)10/15/1997 10:18:00 PM
From: INVESTOR   of 87
 
Regarding fbst, I have found the following statistics:

ytd trailing earnings : .21
1996 earnings : .15
1997 proj earnings : .27
1998 proj earnings : .40

This gives fbst an eps growth rate of (.4/.15)^(1/2) - 1 of
63%.

It's p/e is 7/.21 or 33

since its growth rate is far above its p/e..it figures to more than
rebound .. especially since there have been no adverse news.

Even using 1997 and 1998 earnings alone, growth is 48%. still good.

INVESTOR
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